PIMCO International Bond Fund (U.S. Dollar-Hedged) (PFORX)
The fund seeks to achieve its investment objective by investing under normal circumstances at least 80% of its assets in Fixed Income Instruments. It will invest under normal circumstances in Fixed Income Instruments that are economically tied to at least three non-U.S. countries. The fund invests primarily in investment grade debt securities, but may invest up to 10% of its total assets in junk bonds as rated by Moody's, S&P or Fitch, or, if unrated, as determined by PIMCO. It is non-diversified.
Fund Info
| ISIN | US6933908823 |
|---|---|
| Issuer | PIMCO |
| Inception Date | Dec 1, 1992 |
| Category | Global Bonds |
| Min. Investment | $1,000,000 |
| Asset Class | Bond |
Expense Ratio
PFORX has a high expense ratio of 0.50%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in PIMCO International Bond 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 International Bond Fund (U.S. Dollar-Hedged) had a return of 0.65% year-to-date (YTD) and 7.95% in the last 12 months. Over the past 10 years, PIMCO International Bond Fund (U.S. Dollar-Hedged) had an annualized return of 3.00%, while the S&P 500 had an annualized return of 10.70%, indicating that PIMCO International Bond Fund (U.S. Dollar-Hedged) did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 0.65% | 11.21% |
| 1 month | 0.31% | 4.01% |
| 6 months | 4.72% | 16.58% |
| 1 year | 7.95% | 26.14% |
| 5 years (annualized) | 1.38% | 13.81% |
| 10 years (annualized) | 3.00% | 10.70% |
Monthly Returns
The table below presents the monthly returns of PFORX, 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 | -0.19% | 0.01% | 1.39% | -0.85% | 0.65% | ||||||||
| 2023 | 2.24% | -0.86% | 1.47% | 0.32% | 0.04% | 0.33% | 0.34% | 0.27% | -0.84% | -0.16% | 2.72% | 3.34% | 9.50% |
| 2022 | -0.72% | -1.66% | -1.39% | -1.98% | -0.94% | -2.05% | 2.66% | -2.31% | -2.67% | 0.75% | 1.68% | -1.52% | -9.84% |
| 2021 | -0.06% | -1.42% | 0.13% | -0.03% | 0.12% | 0.03% | 1.05% | -0.25% | -0.90% | -0.63% | 0.67% | -0.38% | -1.67% |
| 2020 | 1.57% | 0.24% | -3.68% | 2.17% | 0.80% | 0.77% | 1.26% | 0.07% | 0.80% | 0.71% | 0.59% | 0.79% | 6.15% |
| 2019 | 1.38% | 0.25% | 1.30% | 0.18% | 1.04% | 1.48% | 1.00% | 1.53% | -0.47% | -0.39% | -0.37% | 0.14% | 7.27% |
| 2018 | 0.18% | 0.20% | 0.97% | -0.15% | 0.23% | 0.43% | 0.06% | 0.07% | -0.14% | 0.24% | -0.02% | 0.41% | 2.51% |
| 2017 | -0.77% | 1.41% | 0.00% | 0.28% | 0.47% | -0.28% | 0.47% | 1.05% | -0.18% | 0.77% | 0.38% | -0.17% | 3.45% |
| 2016 | 1.08% | 0.46% | 1.21% | 0.35% | 0.57% | 2.30% | 1.02% | 0.32% | 0.39% | -0.76% | -0.86% | 0.77% | 7.04% |
| 2015 | 2.00% | -0.16% | 0.72% | -1.14% | -1.20% | -1.71% | 1.83% | -0.86% | 0.34% | 0.80% | 0.51% | -1.07% | -0.02% |
| 2014 | 0.94% | 0.87% | 0.70% | 0.70% | 0.61% | 0.92% | 0.91% | 1.57% | 0.13% | 0.65% | 1.43% | 0.60% | 10.50% |
| 2013 | -0.01% | 0.73% | 0.81% | 0.75% | -1.92% | -1.85% | 0.86% | -0.38% | 0.58% | 0.90% | 0.54% | -0.23% | 0.74% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of PFORX is 67, 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.
PFORX (PIMCO International Bond Fund (U.S. Dollar-Hedged))
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for PIMCO International Bond Fund (U.S. Dollar-Hedged) (PFORX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
PIMCO International Bond Fund (U.S. Dollar-Hedged) granted a 3.32% dividend yield in the last twelve months. The annual payout for that period amounted to $0.33 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.33 | $0.30 | $0.39 | $0.17 | $0.27 | $0.70 | $0.30 | $0.15 | $0.15 | $0.86 | $0.84 | $0.35 |
Dividend yield | 3.32% | 3.01% | 4.22% | 1.55% | 2.44% | 6.50% | 2.78% | 1.39% | 1.39% | 8.69% | 7.81% | 3.31% |
Monthly Dividends
The table displays the monthly dividend distributions for PIMCO International Bond 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 | $0.02 | $0.02 | $0.04 | $0.04 | $0.00 | $0.11 | |||||||
| 2023 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.03 | $0.02 | $0.03 | $0.03 | $0.02 | $0.02 | $0.03 | $0.30 |
| 2022 | $0.01 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.21 | $0.39 |
| 2021 | $0.01 | $0.01 | $0.01 | $0.02 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.17 |
| 2020 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.09 | $0.27 |
| 2019 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.48 | $0.70 |
| 2018 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.13 | $0.30 |
| 2017 | $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 |
| 2016 | $0.01 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.15 |
| 2015 | $0.02 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.01 | $0.69 | $0.86 |
| 2014 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.60 | $0.84 |
| 2013 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.02 | $0.13 | $0.35 |
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 International Bond 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 International Bond Fund (U.S. Dollar-Hedged) was 13.38%, occurring on Oct 12, 2022. The portfolio has not yet recovered.
The current PIMCO International Bond Fund (U.S. Dollar-Hedged) drawdown is 2.46%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -13.38% | Jan 6, 2021 | 446 | Oct 12, 2022 | — | — | — |
| -13.32% | Dec 3, 1996 | 9 | Dec 13, 1996 | 427 | Aug 4, 1998 | 436 |
| -11.03% | Mar 4, 2008 | 196 | Dec 10, 2008 | 138 | Jun 30, 2009 | 334 |
| -9.89% | Jan 13, 1994 | 113 | Jun 20, 1994 | 251 | Jun 6, 1995 | 364 |
| -7.33% | Mar 6, 2020 | 10 | Mar 19, 2020 | 84 | Jul 20, 2020 | 94 |
Volatility
Volatility Chart
The current PIMCO International Bond Fund (U.S. Dollar-Hedged) volatility is 1.08%, 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.