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
Expense Ratio
PAIIX has an expense ratio of 0.90%, placing it in the medium range.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
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Returns By Period
PIMCO Global Bond Opportunities Fund (U.S. Dollar-Hedged) (PAIIX) returned 1.56% year-to-date (YTD) and 5.52% over the past 12 months. Over the past 10 years, PAIIX returned 1.88% annually, underperforming the S&P 500 benchmark at 10.46%.
PAIIX
1.56%
0.84%
2.59%
5.52%
1.09%
1.88%
^GSPC (Benchmark)
-3.77%
7.44%
-5.60%
8.37%
14.12%
10.46%
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 0.78% | 1.27% | 0.45% | -0.41% | -0.52% | 1.56% | |||||||
| 2024 | -0.17% | -0.45% | 1.47% | -1.12% | 1.25% | 0.56% | 1.51% | 0.24% | 1.36% | -1.73% | 1.40% | 0.15% | 4.48% |
| 2023 | 2.12% | -1.25% | 0.98% | 0.51% | -0.56% | -0.00% | 0.50% | -0.22% | -0.99% | -0.78% | 3.12% | 3.34% | 6.85% |
| 2022 | -0.40% | -1.00% | -1.08% | -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% | 0.50% | 6.56% |
| 2019 | 1.36% | 0.65% | 0.59% | 0.59% | 0.62% | 0.80% | 0.49% | 0.87% | -0.24% | 0.13% | -0.11% | 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% | -0.80% |
| 2017 | -0.33% | 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% | 0.12% | 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% | 0.64% | 0.55% | 1.41% | -0.11% | 0.91% | 1.15% | 0.76% | 9.34% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 88, PAIIX is among the top 12% of mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
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.
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Dividends
Dividend History
PIMCO Global Bond Opportunities Fund (U.S. Dollar-Hedged) provided a 4.21% dividend yield over the last twelve months, with an annual payout of $0.40 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.40 | $0.40 | $0.21 | $0.15 | $0.11 | $0.17 | $0.39 | $0.18 | $0.21 | $0.23 | $0.41 | $0.66 |
Dividend yield | 4.21% | 4.17% | 2.25% | 1.65% | 1.03% | 1.53% | 3.76% | 1.79% | 2.09% | 2.25% | 4.19% | 6.38% |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.03 | $0.03 | $0.03 | $0.00 | $0.00 | $0.10 | |||||||
| 2024 | $0.01 | $0.02 | $0.03 | $0.03 | $0.04 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.07 | $0.40 |
| 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 |
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.
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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 2.12%.
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 chart below shows the rolling one-month volatility.
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