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PIMCO Emerging Markets Full Spectrum Bond Fund (PFSIX) Sharpe Ratio: 2.23

Mutual Fund · Currency in USD · Last updated Jun 3, 2026

The investment seeks maximum total return, consistent with prudent investment management. The fund invests under normal circumstances at least 80% of its assets in investments economically tied to emerging market countries and 80% of its assets in Fixed Income Instruments, which may be represented by direct or indirect (through an acquired fund) investments. It will normally limit its foreign currency exposure (from non-U.S. dollar-denominated securities or currencies) to between 20% and 80% of its assets.

PFSIX's Sharpe Ratio of 2.23 indicates that for each unit of volatility, it generates 2.23 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jun 3, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets.

PFSIX Sharpe Ratio Rank

PFSIX Sharpe Ratio Rank: 57.057
Average

PFSIX ranks above 57.0% of all investments in our database based on Sharpe Ratio over the past 12 months, showing balanced returns relative to total risk taken. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with low total volatility → Higher rank
  • High volatility (both upside and downside) → Lower rank
  • Consistent returns → Higher rank than volatile returns of same magnitude
  • Sharp drawdowns increase volatility → Lower rank

What you can do with this information

  • Returns are proportional to volatility—neither strong nor weak
  • Evaluate whether the volatility profile aligns with your risk tolerance
  • Review higher-ranked alternatives in the same category
  • Monitor rank direction to identify improving or deteriorating trends

PFSIX Sharpe Ratio Market Positioning

The chart shows PFSIX's Sharpe Ratio relative to all mutual funds on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): 1.42 or lower
  • Yellow zone (middle 50%): 1.42 to 2.51
  • Green zone (top 25%): 2.51 or higher
  • Top 1%: 4.65+
  • Median: 2.09 — half of all investments score higher

How it compares to other similar mutual funds

The table compares PIMCO Emerging Markets Full Spectrum Bond Fund's Sharpe Ratio with other mutual funds in the Emerging Markets Bonds category across multiple time periods, showing how PFSIX's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jun 3, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
AGEPXAmerican Beacon Frontier Markets Income Fund5.73
AGEYXAmerican Beacon Developing World Income Fund Class Y5.72
EIDOXEaton Vance Emerging Markets Debt Opportunities Fund Class I5.61
APFOXArtisan Emerging Markets Debt Opportunities Fund5.58
EELDXEaton Vance Emerging Markets Debt Opportunities Fund5.46
GMCDXGMO Emerging Country Debt Fund5.07
GMOQXGMO Emerging Country Debt Fund Class VI5.05
FEMDXFranklin Emerging Market Debt Opportunities Fund4.86
DBLLXDoubleLine Low Duration Emerging Markets Fixed Income Fund4.80
SHCDXVirtus Stone Harbor Emerg Mkts Corp Dbt4.69
PFSIXPIMCO Emerging Markets Full Spectrum Bond Fund2.23

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows PFSIX's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when PFSIX consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Sharpe Ratio Calculator

How does PFSIX fit in your portfolio?

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