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PEBAX PIMCO Emerging Markets Bond Admin

  • Fund
  • PEBAX
  • Price as of: Oct 18, 2017
  • $10.72
  • - $0.00
  • - 0.00%
  • Category
  • Emerging Markets Bonds

PEBAX - Profile

Vitals

  • YTD Return 6.0%
  • 3 Yr Annualized Return 5.1%
  • 5 Yr Annualized Return 3.4%
  • Net Assets $1.94 B
  • Holdings in Top 10 16.8%

52 WEEK LOW AND HIGH

$10.72
$9.86
$10.76

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.08%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 44.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$1,000,000

IRA

N/A

Investment Themes

CATEGORY

Emerging Markets Bonds
  • Fund Type Open End Mutual Fund
  • Investment Style Emerging Markets Bond

Distributions

  • YTD Total Return 6.0%
  • 3 Yr Annualized Total Return 5.1%
  • 5 Yr Annualized Total Return 3.4%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 5.12%
DIVIDENDS
  • Dividend Yield 0.5%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name PIMCO Emerging Markets Bond Fund
  • Fund Family Name PIMCO
  • Inception Date Sep 30, 1998
  • Shares Outstanding N/A
  • Share Class Other
  • Currency USD
  • Domiciled Country United States
  • Manager Michael A. Gomez

Fund Description

The fund normally invests at least 80% of its assets in Fixed Income Instruments that are economically tied to emerging market countries, which may be represented by forwards or derivatives such as options, futures contracts or swap agreements. It may invest in both investment-grade securities and junk bonds subject to a maximum of 15% of its total assets in securities rated below B by Moody's, or equivalently rated by S&P or Fitch, or, if unrated, determined by PIMCO to be of comparable quality.

PEBAX - Performance

Return Ranking - Trailing

Period PEBAX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 6.0% -16.1% 34.1% 46.94% 3
1 Yr 6.8% -22.3% 29.1% 43.15% 3
3 Yr 5.1% * -7.4% 11.6% 29.51% 2
5 Yr 3.4% * -4.1% 7.2% 34.43% 2
10 Yr 6.1% * 0.5% 9.0% 45.88% 3

* Annualized


Return Ranking - Calendar

Period PEBAX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 8.6% -25.2% 219.0% 15.53% 1
2015 -8.2% -26.3% 1.3% 36.79% 3
2014 -5.2% -16.1% 21.6% 37.37% 3
2013 -14.4% -24.6% 13.9% 65.02% 5
2012 11.1% -20.6% 19.3% 51.59% 4

Total Return Ranking - Trailing

Period PEBAX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 6.0% -16.1% 34.1% 47.81% 3
1 Yr 6.8% -25.4% 29.1% 32.07% 2
3 Yr 5.1% * -7.4% 11.6% 24.92% 2
5 Yr 3.4% * -4.7% 6.8% 29.25% 2
10 Yr 6.1% * 0.5% 8.9% 43.53% 3

* Annualized


Total Return Ranking - Calendar

Period PEBAX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 8.6% -21.7% 224.9% 30.77% 2
2015 -7.7% -26.3% 8.1% 49.69% 3
2014 -4.1% -14.7% 32.1% 56.06% 4
2013 -11.7% -24.6% 19.4% 70.40% 4
2012 11.8% -28.1% 40.8% 73.58% 5

NAV & Total Return History

PEBAX - Holdings

Filings data as of: Jun 30, 2017

Concentration Analysis

PEBAX Category Low Category High PEBAX % Rank Quintile
Net Assets 1.94 B 2.48 M 6.72 B 3.20% 1
Number of Holdings 576 2 1043 2.91% 1
Net Assets in Top 10 211 M -323 M 1.26 B 5.52% 1
Weighting of Top 10 16.8% 0.0% 158.5% 27.33% 5

Top 10 Holdings

  1. Brazil Federative Rep 3.28%
  2. US Treasury Note 1.375% 1.76%
  3. IRS USD 1.50000 06/21/17-10Y CME_Receive 1.68%
  4. Petroleos Mexicanos 5.5% 1.55%
  5. US 10 Year Note (CBT) Sept17 1.53%
  6. Argentina Rep 7.5% 1.48%
  7. Brazil Minas Spe 5.333% 1.44%
  8. Petroleos Mexicanos 4.875% 1.44%
  9. US Treasury Bond 2.5% 1.40%
  10. IRS USD 2.75000 12/16/15-30Y CME_Pay 1.26%

Asset Allocation

Weighting Category Low Category High PEBAX % Rank Quintile
Bonds
116.32% 0.00% 116.32% 0.29% 1
Stocks
0.00% -0.61% 100.00% 6.40% 3
Preferred Stocks
0.00% 0.00% 1.45% 1.74% 2
Other
0.00% -0.10% 17.15% 21.80% 4
Convertible Bonds
0.00% 0.00% 3.55% 4.36% 2
Cash
-16.32% -24.25% 100.00% 31.10% 5

Bond Sector Breakdown

Weighting Category Low Category High PEBAX % Rank Quintile
Government
52.26% -10.46% 93.25% 19.77% 4
Corporate
41.87% 0.00% 88.49% 9.30% 2
Derivative
18.81% -9.84% 18.81% 0.29% 1
Municipal
1.78% 0.00% 1.92% 0.58% 1
Securitized
1.58% 0.00% 24.51% 1.45% 1
Cash & Equivalents
-16.34% -26.31% 100.00% 29.65% 5

Bond Geographic Breakdown

Weighting Category Low Category High PEBAX % Rank Quintile
Non US
116.19% -78.26% 117.91% 0.87% 1
US
0.13% -54.54% 95.37% 14.24% 3

PEBAX - Expenses

Operational Fees

PEBAX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 1.08% 0.29% 35.56% 45.93% 1
Management Fee 0.83% 0.00% 1.30% 5.23% 4
12b-1 Fee 0.25% 0.00% 1.00% 4.21% 2
Administrative Fee 0.38% 0.01% 0.60% 3.30% 5

Sales Fees

PEBAX Fees (% of AUM) Category Low Category High PEBAX Rank Quintile
Front Load N/A 0.00% 5.75% N/A N/A
Deferred Load N/A 0.75% 5.50% N/A N/A

Trading Fees

PEBAX Fees (% of AUM) Category Low Category High PEBAX Rank Quintile
Max Redemption Fee N/A 0.75% 2.00% N/A N/A

Turnover Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

PEBAX Fees (% of AUM) Category Low Category High PEBAX Rank Quintile
Turnover 44.00% 2.00% 546.00% 21.57% 1

PEBAX - Distributions

Dividend Yield Analysis

PEBAX Category Low Category High PEBAX % Rank Quintile
Dividend Yield 0.5% 0.00% 3.24% 19.34% 2

Dividend Distribution Analysis

PEBAX Category Low Category High Category Mode
Dividend Distribution Frequency Monthly Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

PEBAX Category Low Category High PEBAX % Rank Quintile
Net Income Ratio 5.12% -0.29% 11.88% 30.81% 3

Capital Gain Distribution Analysis

PEBAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Monthly Annually

PEBAX - Managers

Michael A. Gomez

Manager

Start Date

Jan 01, 2012

Tenure

5.75

Tenure Rank

4.9%

Mr. Gomez is a managing director in the Newport Beach office, a portfolio manager and head of the emerging markets portfolio management team. Prior to joining PIMCO in 2003, he was responsible for market making and proprietary trading of emerging market bonds at Goldman Sachs. Prior to that, he spent a year in Colombia serving as a financial consultant to the Ministry of Finance and Public Credit. In addition, Mr. Gomez has served on numerous other committees providing advisory assistance to emerging market countries or a market practitioner’s perspective to index providers. He has 22 years of investment experience and holds an MBA from the Wharton School of the University of Pennsylvania, where he also received his undergraduate degree.


Francesc Balcells

Manager

Start Date

May 01, 2017

Tenure

0.42

Tenure Rank

13.3%

Mr. Balcells is an executive vice president and portfolio manager in the Munich office. Prior to joining PIMCO in 2012, he was employed at Rogge Capital Partners where he was the head of emerging markets and worked at Harvard Management Company focusing on emerging markets local rate and currency investments. Mr. Balcells also worked at the International Monetary Fund between 2002 and 2006, during which time he spent a year at PIMCO on secondment from the Fund. He holds a master's degree in international economics and European studies from the Paul H. Nitze School of Advanced International Studies (SAIS) at Johns Hopkins University. He received his undergraduate degree from the Autonomous University of Barcelona.


Yacov Arnopolin

Manager

Start Date

May 01, 2017

Tenure

0.42

Tenure Rank

13.3%

Mr. Arnopolin is an executive vice president and emerging markets portfolio manager in the London office. Prior to joining PIMCO in 2016, he served as a managing director overseeing emerging market fixed income portfolios at Goldman Sachs Asset Management. Previously, Mr. Arnopolin worked as a portfolio manager at Fortress Investment Group. He started his career in the fixed income departments at Citigroup and Deutsche Bank, trading mortgages and emerging markets products. He holds a bachelor's degree in economics from Carnegie Mellon University. He also serves on the Board of Trustees of the Cancer Research Institute.


Tenure Analysis

Category Low

0.0

Category High

22.8

Category Average

4.11

Category Mode

2.8