PIMCO Climate Bond Fund (PCEWX)
The investment seeks optimal risk adjusted returns, consistent with prudent investment management, while giving consideration to long term climate related risks and opportunities. The fund seeks to achieve its investment objective by investing under normal circumstances at least 80% of its assets in a diversified portfolio of fixed income instruments of varying maturities, which may be represented by forwards or derivatives such as options, futures contracts, or swap agreements. It invests opportunistically in a broad spectrum of climate focused instruments and debt from issuers demonstrating leadership with respect to addressing climate related factors.
Fund Info
| ISIN | US72202G2324 |
|---|---|
| CUSIP | 72202G232 |
| Issuer | PIMCO |
| Inception Date | Dec 10, 2019 |
| Category | Corporate Bonds |
| Min. Investment | $1,000,000 |
| Asset Class | Bond |
Expense Ratio
PCEWX has a high expense ratio of 0.71%, indicating higher-than-average management fees.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in PIMCO Climate Bond Fund, 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 Climate Bond Fund had a return of -0.46% year-to-date (YTD) and 4.32% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | -0.46% | 9.47% |
| 1 month | 0.29% | 1.91% |
| 6 months | 5.34% | 18.36% |
| 1 year | 4.32% | 26.61% |
| 5 years (annualized) | N/A | 12.90% |
| 10 years (annualized) | N/A | 10.79% |
Monthly Returns
The table below presents the monthly returns of PCEWX, 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 | 0.26% | -0.97% | 0.99% | -1.66% | -0.46% | ||||||||
| 2023 | 3.21% | -1.75% | 1.57% | 0.68% | -0.56% | -0.54% | 0.84% | -0.07% | -1.37% | -0.45% | 3.65% | 3.33% | 8.67% |
| 2022 | -2.03% | -1.75% | -2.00% | -2.96% | -0.48% | -2.55% | 3.31% | -3.18% | -4.05% | -0.26% | 3.51% | -0.75% | -12.70% |
| 2021 | -0.10% | -0.86% | -0.66% | 0.78% | 0.39% | 0.40% | 0.90% | 0.13% | -0.44% | -0.84% | -0.27% | 0.29% | -0.30% |
| 2020 | 2.14% | 0.72% | -7.57% | 3.75% | 1.68% | 2.45% | 1.37% | -0.12% | 0.18% | 0.10% | 1.56% | 0.61% | 6.60% |
| 2019 | 0.09% | 0.09% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of PCEWX is 26, 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.
PCEWX (PIMCO Climate Bond Fund)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for PIMCO Climate Bond Fund (PCEWX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
PIMCO Climate Bond Fund granted a 3.26% dividend yield in the last twelve months. The annual payout for that period amounted to $0.28 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|
| Dividend | $0.28 | $0.26 | $0.51 | $0.22 | $0.22 | $0.01 |
Dividend yield | 3.26% | 2.97% | 6.13% | 2.15% | 2.14% | 0.09% |
Monthly Dividends
The table displays the monthly dividend distributions for PIMCO Climate Bond Fund. 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 | $0.02 | $0.02 | $0.03 | $0.02 | $0.00 | $0.10 | |||||||
| 2023 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.26 |
| 2022 | $0.01 | $0.02 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.34 | $0.51 |
| 2021 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.09 | $0.22 |
| 2020 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.09 | $0.22 |
| 2019 | $0.01 | $0.01 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the PIMCO Climate Bond Fund. 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 Climate Bond Fund was 17.41%, occurring on Oct 20, 2022. The portfolio has not yet recovered.
The current PIMCO Climate Bond Fund drawdown is 6.93%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -17.41% | Sep 15, 2021 | 278 | Oct 20, 2022 | — | — | — |
| -11.42% | Mar 9, 2020 | 12 | Mar 24, 2020 | 83 | Jul 22, 2020 | 95 |
| -1.92% | Jan 5, 2021 | 51 | Mar 18, 2021 | 57 | Jun 9, 2021 | 108 |
| -0.67% | Jun 11, 2021 | 11 | Jun 25, 2021 | 6 | Jul 6, 2021 | 17 |
| -0.58% | Aug 7, 2020 | 15 | Aug 27, 2020 | 4 | Sep 2, 2020 | 19 |
Volatility
Volatility Chart
The current PIMCO Climate Bond Fund volatility is 1.09%, 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.