PIMCO International Bond Fund (U.S. Dollar-Hedged) Class A (PFOAX)
PIMCO International Bond Fund (U.S. Dollar-Hedged) Class A operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $9.70, up 0.00% on the session, giving a market capitalisation of $20.39B. Its beta of 0.53 implies it has historically moved less than the broad market.
This fund's primary objective is met by allocating a minimum of 80% of its assets, in typical market environments, to various fixed income instruments. A key focus is on international fixed income securities economically linked to at least three distinct non-U.S. nations. While the portfolio predominantly consists of high-quality, investment-grade debt, it has the flexibility to invest up to 10% of its total holdings in higher-yield, sub-investment-grade bonds (junk bonds). The ratings for these lower-quality bonds are sourced from agencies such as Moody's, S&P, or Fitch, or determined by PIMCO if they are unrated. The fund is classified as non-diversified.
PIMCO International Bond Fund (U.S. Dollar-Hedged) Class A is most often compared with the following Financial Services names: