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Morningstar

PIMCO Emerging Mkts Lcl Ccy and Bd Instl PELBX

Morningstar Analyst Rating
Analyst rating as of | See PIMCO Investment Hub
  • NAV / 1-Day Return 5.75  /  1.34 %
  • Total Assets 1.9 Bil
  • Adj. Expense Ratio
    —
  • Expense Ratio 1.220%
  • Distribution Fee Level Above Average
  • Share Class Type Institutional
  • Category Emerging-Markets Local-Currency Bond
  • Credit Quality / Interest Rate Sensitivity Medium / Moderate
  • Min. Initial Investment 1,000,000
  • Status Open
  • TTM Yield 3.98%
  • Effective Duration 5.05 years

USD | NAV as of Feb 04, 2023 | 1-Day Return as of Feb 04, 2023, 1:07 AM GMT+00:00

Morningstar’s Analysis PELBX

Will PELBX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PELBX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the PELBX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

Parent Pillar

The Parent Pillar is our rating of PELBX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Showing signs of improvement.

Senior Analyst

Summary

| by Mike Mulach

Pimco Emerging Markets Local Currency and Bond benefits from an enhanced process and significant resources, but some team changes are still fresh. Its Morningstar Analyst Rating is Neutral on all share classes but the most expensive, which is rated Negative.

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