- What does PFORX invest in?
- The fund endeavors to fulfill its mandate by typically committing at least 80% of its capital to debt securities. These fixed income holdings will generally be linked economically to a minimum of three countries outside the United States. While chiefly investing in high-quality debt instruments, the portfolio may allocate up to one-tenth of its overall assets to speculative-grade (junk) bonds. Such ratings are provided by agencies like Moody's, S&P, or Fitch, or determined by PIMCO for unrated issues. The fund maintains a non-diversified status.
- What is the expense ratio of PFORX?
- PIMCO International Bond Fund (U.S. Dollar-Hedged) Class INSTL (PFORX) charges an expense ratio of 0.57%. This is the annual fee deducted from fund assets to cover management and operations.
- What is PFORX's dividend yield?
- PFORX's trailing-twelve-month yield is 4.12%, calculated from the sum of dividends over the past year divided by the current price.
- What is the duration of PFORX?
- Effective duration measures PFORX's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. PFORX's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of PFORX?
- PFORX'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 PFORX?
- Yield to maturity (YTM) is the total return you'd earn from PFORX if every bond in the portfolio is held to maturity at the current price. PFORX'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.
