- What does PFBPX invest in?
- This fund aims to achieve its financial goals by allocating a substantial portion, specifically at least 80%, of its assets to fixed-income securities during typical market conditions. These bond investments will specifically be connected to the economies of a minimum of three countries outside the United States. While the portfolio's main focus is on high-quality, investment-grade debt, it does have the flexibility to commit up to 10% of its total value to lower-rated, higher-risk bonds, commonly known as "junk bonds." The creditworthiness of these securities is assessed by major rating agencies like Moody's, S&P, or Fitch, or by PIMCO's own determination if a bond lacks an official rating. It operates as a non-diversified investment vehicle.
- What is the expense ratio of PFBPX?
- PIMCO International Bond Fund (U.S. Dollar-Hedged) (PFBPX) charges an expense ratio of 0.67%. This is the annual fee deducted from fund assets to cover management and operations.
- What is PFBPX's dividend yield?
- PFBPX's trailing-twelve-month yield is 4.02%, calculated from the sum of dividends over the past year divided by the current price.
- What is the duration of PFBPX?
- Effective duration measures PFBPX's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. PFBPX's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of PFBPX?
- PFBPX's credit quality breakdown — the share of holdings rated AAA through CCC and below — is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.
- What is the yield to maturity of PFBPX?
- Yield to maturity (YTM) is the total return you'd earn from PFBPX if every bond in the portfolio is held to maturity at the current price. PFBPX's YTM is published on the fund's factsheet on the issuer's website — it differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.
