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PIMCO Investment Grade Credit Fund (Canada) Series A

Global Corp Fixed Income

FundGrade E Click for more information on Fundata’s FundGrade

FundGrade E

Click for more information on Fundata’s FundGrade.

NAVPS
(04-04-2025)
$8.74
Change
-$0.02 (-0.22%)

As at February 28, 2025

As at September 30, 2024

Period
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Legend

PIMCO Investment Grade Credit Fund (Canada) Series A

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Fund Returns

Inception Return (September 14, 2015): 1.70%

Fund Returns
Row Heading Return Annualized Return
1 Mth 3 Mth 6 Mth YTD 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 6 Yr 7 Yr 8 Yr 9 Yr 10 Yr
Fund 2.06% 0.37% 0.52% 2.51% 5.22% 4.09% -1.60% -2.07% -1.63% 0.66% 0.62% 0.79% 1.53% -
Benchmark 1.09% 3.16% 6.82% 2.45% 11.98% 9.17% 4.15% 1.72% 1.26% 3.13% 3.09% 3.05% 3.01% 3.28%
Category Average 1.02% 1.34% 3.12% 1.78% 7.68% 6.75% 2.34% 1.29% 1.79% 2.85% - - - -
Category Rank 6 / 158 150 / 158 148 / 155 11 / 158 101 / 117 111 / 114 103 / 103 95 / 96 93 / 93 89 / 91 82 / 83 72 / 75 62 / 66 -
Quartile Ranking 1 4 4 1 4 4 4 4 4 4 4 4 4 -

Monthly Return

Monthly Return
Return % Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb
Fund 1.10% -2.51% 1.81% 0.65% 2.23% 1.39% 1.44% -2.51% 1.26% -2.08% 0.44% 2.06%
Benchmark 0.87% -0.72% 1.05% 0.71% 3.42% -0.54% 2.07% 0.44% 1.01% 0.69% 1.35% 1.09%

Best Monthly Return Since Inception

5.58% (November 2023)

Worst Monthly Return Since Inception

-8.21% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund - 7.21% 6.12% -4.16% 11.75% 6.55% -1.44% -17.38% 5.91% 1.24%
Benchmark 15.41% 0.66% 2.08% 5.22% 5.81% 8.39% -3.78% -10.63% 6.54% 10.41%
Category Average - - - - 9.03% 6.89% 0.56% -10.54% 7.62% 5.63%
Quartile Ranking - 3 1 4 1 2 4 4 4 4
Category Rank - 37/ 66 9/ 75 81/ 82 14/ 88 45/ 92 76/ 96 102/ 103 93/ 113 108/ 115

Best Calendar Return (Last 10 years)

11.75% (2019)

Worst Calendar Return (Last 10 years)

-17.38% (2022)

Asset Allocation

Asset Allocation
Name Percent
Foreign Corporate Bonds 64.77
Foreign Bonds - Other 17.77
Foreign Government Bonds 7.84
Cash and Equivalents 6.23
US Equity 2.71
Other 0.68

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 90.97
Cash and Cash Equivalent 6.22
Financial Services 2.80
Other 0.01

Geographic Allocation

Geographic Allocation
Name Percent
North America 95.59
Europe 2.58
Latin America 0.96
Africa and Middle East 0.73
Asia 0.12
Other 0.02

Top Holdings

Top Holdings
Name Percent
Uniform Mrtgage-Backed Security TBA 6.00% 01-May-2054 4.15
TD Securities (USA) LLC 5.41% 01-Apr-2024 3.12
Uniform Mrtgage-Backed Security TBA 5.50% 01-Apr-2054 2.79
Uniform Mrtgage-Backed Security 4.00% 01-Oct-2052 2.28
United States Treasury 15-May-2046 1.83
United States Treasury 2.75% 15-Aug-2047 1.74
Bank of America Corp 5.29% 25-Apr-2033 1.06
Wells Fargo & Co 5.39% 24-Apr-2033 1.04
Natwest Group PLC 4.89% 18-May-2028 0.97
Amgen Inc 5.65% 02-Sep-2052 0.96

Equity Style

Equity style data not available

Fixed Income Style

Average Duration: M. Average Credit Quality: M.
Period: 

Risk vs Return (3 Yr)

PIMCO Investment Grade Credit Fund (Canada) Series A

Median

Other - Global Corp Fixed Income

3 Yr Annualized

Standard Deviation 8.97% 8.61% -
Beta 1.05% 0.92% -
Alpha -0.06% -0.03% -
Rsquared 0.60% 0.49% -
Sharpe -0.56% -0.42% -
Sortino -0.62% -0.62% -
Treynor -0.05% -0.04% -
Tax Efficiency - - -
Volatility Volatility rating is 4 on a scale of 1 to 10 Volatility rating is 3 on a scale of 1 to 10 -

Risk Rating

Rating 4 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 6.14% 8.97% 8.61% -
Beta 0.89% 1.05% 0.92% -
Alpha -0.05% -0.06% -0.03% -
Rsquared 0.30% 0.60% 0.49% -
Sharpe 0.20% -0.56% -0.42% -
Sortino 0.50% -0.62% -0.62% -
Treynor 0.01% -0.05% -0.04% -
Tax Efficiency 71.08% - - -

Fund Details

Start Date September 14, 2015
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Capped
Currency CAD
Distribution Frequency Monthly
Assets ($mil) -

Fund Codes

FundServ Code Load Code Sales Status
PMO011
PMO111

Investment Objectives

The investment objective of the Fund is to maximize current income consistent with preservation of capital and prudent investment management. It invests primarily in non-Canadian dollar high quality corporate bonds diversified broadly across industries, issuers, and regions. Any change to the fundamental investment objectives must be approved by a majority of votes cast at a meeting of unitholders called for that purpose.

Investment Strategy

The Fund seeks to achieve its investment objective by investing the majority of its assets in a diversified portfolio of investment grade corporate fixed income securities of varying maturities. The average portfolio duration of this Fund normally varies within two years (plus or minus) of the portfolio duration of the securities comprising the Barclays U.S. Credit Index. Duration is a measure used to determine the sensitivity of a security’s price to changes in interest rates.

Portfolio Management

Portfolio Manager

PIMCO Canada Corp.

Sub-Advisor

Pacific Investment Management Co LLC (PIMCO)

  • Mark R. Kiesel

Management and Organization

Fund Manager

PIMCO Canada Corp.

Custodian

State Street Trust Company Canada

Registrar

International Financial Data Services (Canada) Ltd

Distributor

-

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 50
PAC Subsequent 50
SWP Allowed Yes
SWP Min Balance 5,000
SWP Min Withdrawal 100

Fees

MER 1.40%
Management Fee 1.25%
Load Choice of Front or No Load
FE Max 5.00%
DSC Max -
Trailer Fee Max (FE) 0.50%
Trailer Fee Max (DSC) 0.50%
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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