PIMCO Global Bond Opportunities Fund (U.S. Dollar-Hedged) (PAIIX)
The investment seeks maximum total return, consistent with preservation of capital. The fund normally invests at least 80% of its assets in Fixed Income Instruments that are economically tied to at least three countries (one of which may be the United States), which may be represented by forwards or derivatives such as options, futures contracts or swap agreements. It normally invests at least 25% of its net assets in instruments that are economically tied to foreign (non-U.S.) countries. The fund may invest, without limitation, in derivative instruments. It is non-diversified.
Fund Info
US6933903469
693390346
Oct 1, 1995
$1,000
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in PIMCO Global Bond Opportunities Fund (U.S. Dollar-Hedged), comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
PIMCO Global Bond Opportunities Fund (U.S. Dollar-Hedged) had a return of 3.32% year-to-date (YTD) and 7.47% in the last 12 months. Over the past 10 years, PIMCO Global Bond Opportunities Fund (U.S. Dollar-Hedged) had an annualized return of 1.69%, while the S&P 500 had an annualized return of 11.10%, indicating that PIMCO Global Bond Opportunities Fund (U.S. Dollar-Hedged) did not perform as well as the benchmark.
PAIIX
3.32%
-0.50%
2.32%
7.47%
0.59%
1.69%
^GSPC (Benchmark)
23.56%
0.49%
11.03%
30.56%
13.70%
11.10%
Monthly Returns
The table below presents the monthly returns of PAIIX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.17% | -0.45% | 1.47% | -1.12% | 1.25% | 0.56% | 1.51% | 0.24% | 1.36% | -1.73% | 3.32% | ||
| 2023 | 2.12% | -1.25% | 0.98% | 0.51% | -0.56% | 0.00% | 0.50% | -0.22% | -0.99% | -0.78% | 3.13% | 3.34% | 6.85% |
| 2022 | -0.40% | -1.00% | -1.09% | -1.69% | -0.30% | -1.52% | 1.46% | -1.30% | -2.25% | 0.00% | 2.33% | -5.56% | -10.94% |
| 2021 | 0.25% | -0.48% | -0.09% | 0.19% | 0.18% | -0.38% | 0.27% | -0.02% | -0.22% | -0.78% | -0.13% | -1.16% | -2.37% |
| 2020 | 1.27% | 0.06% | -3.98% | 2.27% | 1.30% | 1.08% | 1.39% | 0.79% | 0.31% | 0.48% | 1.03% | 0.49% | 6.56% |
| 2019 | 1.36% | 0.65% | 0.59% | 0.59% | 0.62% | 0.80% | 0.49% | 0.87% | -0.24% | 0.13% | -0.10% | 0.49% | 6.41% |
| 2018 | -0.08% | -0.57% | 0.62% | -0.27% | -0.26% | 0.06% | 0.55% | -0.13% | 0.14% | -0.52% | -0.42% | 0.08% | -0.79% |
| 2017 | -0.34% | 1.16% | 0.19% | 0.47% | 0.66% | -0.19% | 0.56% | 1.05% | -0.21% | 0.48% | 0.10% | -0.67% | 3.31% |
| 2016 | 0.88% | 0.25% | 1.12% | 0.62% | 0.34% | 2.12% | 1.20% | 0.11% | 0.47% | -0.59% | -1.55% | 0.74% | 5.82% |
| 2015 | 2.50% | -0.77% | 0.63% | -1.12% | -0.94% | -1.64% | 1.52% | -0.75% | 0.31% | 0.39% | 0.19% | -1.80% | -1.55% |
| 2014 | 1.04% | 0.84% | 0.46% | 0.55% | 0.76% | 0.65% | 0.55% | 1.41% | -0.11% | 0.91% | 1.15% | 0.76% | 9.34% |
| 2013 | -0.34% | 0.80% | 0.58% | 1.00% | -2.29% | -1.97% | 0.51% | -0.66% | 0.53% | 0.77% | 0.25% | -1.22% | -2.08% |
Expense Ratio
PAIIX features an expense ratio of 0.90%, falling within the medium range.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of PAIIX is 65, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for PIMCO Global Bond Opportunities Fund (U.S. Dollar-Hedged) (PAIIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
PIMCO Global Bond Opportunities Fund (U.S. Dollar-Hedged) provided a 3.44% dividend yield over the last twelve months, with an annual payout of $0.33 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.33 | $0.21 | $0.15 | $0.11 | $0.17 | $0.39 | $0.18 | $0.21 | $0.23 | $0.41 | $0.66 | $0.17 |
Dividend yield | 3.44% | 2.25% | 1.65% | 1.03% | 1.53% | 3.76% | 1.79% | 2.09% | 2.25% | 4.19% | 6.38% | 1.72% |
Monthly Dividends
The table displays the monthly dividend distributions for PIMCO Global Bond Opportunities Fund (U.S. Dollar-Hedged). The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.01 | $0.02 | $0.03 | $0.03 | $0.04 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.00 | $0.29 | |
| 2023 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.21 |
| 2022 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.04 | $0.15 |
| 2021 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.11 |
| 2020 | $0.02 | $0.02 | $0.02 | $0.02 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.17 |
| 2019 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.01 | $0.02 | $0.18 | $0.39 |
| 2018 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.01 | $0.02 | $0.02 | $0.02 | $0.18 |
| 2017 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.12 | $0.21 |
| 2016 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.12 | $0.23 |
| 2015 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.01 | $0.01 | $0.01 | $0.01 | $0.30 | $0.41 |
| 2014 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.01 | $0.48 | $0.66 |
| 2013 | $0.01 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.01 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.17 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the PIMCO Global Bond Opportunities Fund (U.S. Dollar-Hedged). A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the PIMCO Global Bond Opportunities Fund (U.S. Dollar-Hedged) was 14.76%, occurring on Dec 10, 2008. Recovery took 181 trading sessions.
The current PIMCO Global Bond Opportunities Fund (U.S. Dollar-Hedged) drawdown is 4.69%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -14.76% | Mar 4, 2008 | 196 | Dec 10, 2008 | 181 | Aug 31, 2009 | 377 |
| -14.11% | Feb 16, 2021 | 675 | Oct 19, 2023 | — | — | — |
| -8.35% | Mar 5, 2020 | 11 | Mar 19, 2020 | 73 | Jul 2, 2020 | 84 |
| -6.17% | Dec 10, 2012 | 186 | Sep 5, 2013 | 225 | Jul 29, 2014 | 411 |
| -6.05% | Nov 5, 2010 | 28 | Dec 15, 2010 | 160 | Aug 4, 2011 | 188 |
Volatility
Volatility Chart
The current PIMCO Global Bond Opportunities Fund (U.S. Dollar-Hedged) volatility is 0.74%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.