PIMCO Total Return Bond Fund E Inc USD (QDis)

PIMCO 總回報債券基金 E類 Inc 美元 (QDis)

IE00B0M2Y900

Risk Rating: Level 3

iFund risk rating methodology is a qualitative and quantitative assessment of a single fund’s geographic and asset class focus, investment style and any potential risk factors, as measured from one (1) (lowest risk) to six (6) (highest risk). For the funds with risk rating three (3) or four (4), these are mainly aimed at providing income and capital appreciation to investors by investing primarily in balanced portfolio, including high yield bonds and global equities etc. For more details, please refer to the Due Diligence section under the Procedures page.

Non-dealing Hours

Dealing Information

Secure Transaction

Derivatives knowledge not required

HKD4,000.00Min. Subscription

1.40%

HKD4,000.00Min. Subscription

AUD / HKD / EUR / USD

HKD4,000.00Min. Subscription

HKD4,000.00

HKD4,000.00

Daily

14:00

-

*Not include dividends (If applicable)

Fund Performances (including dividend, if any)

1 mth
+0.02%
3 mth
-2.15%
6 mth
-1.82%
1 yr
+1.97%
3 yr
+13.04%
5 yr
+15.84%

Analytical Figures (3 years)

Annualized Return
+4.17%
Annualized Volatility
+3.70%
Sharpe Ratio
+0.69

Fund Information

Fund Houses
PIMCO Asia Limited
Launch Date
2005-10-09
Fund Manager
Scott A. Mather
Mark R. Kiesel
Mohit Mittal
Manager Start Date
Scott A. Mather (Start Date: 2014-09-26) Mark R. Kiesel (Start Date: 2014-09-26) Mohit Mittal
Geographical Focus
Global
Asset Class/ Sector
Fixed Income - Hybrid
Risk Rating
Risk Level 3

iFund risk rating methodology is a qualitative and quantitative assessment of a single fund’s geographic and asset class focus, investment style and any potential risk factors, as measured from one (1) (lowest risk) to six (6) (highest risk). For the funds with risk rating three (3) or four (4), these are mainly aimed at providing income and capital appreciation to investors by investing primarily in balanced portfolio, including high yield bonds and global equities etc. For more details, please refer to the Due Diligence section under the Procedures page.

Fund AUM(As of 2021-03-30)
USD 5,781,031,575.56
Management Fee
1.40%
Latest Dividend
USD 0.032610 (2021-03-29)

Sector Leaders

    No Funds

Dealing Information

Secure Transaction

Derivatives knowledge not required

HKD4,000.00Min. Subscription

1.40%

HKD4,000.00Min. Subscription

AUD / HKD / EUR / USD

HKD4,000.00Min. Subscription

HKD4,000.00

HKD4,000.00

Daily

14:00

-

Dividend Records

Dividend DateDividend Records (USD)
2021-03-290.032610
2020-12-290.036767
2020-09-280.033877
2020-06-280.051974
2020-03-290.052628
2019-12-290.060063
2019-09-260.064294
2019-06-260.071585
2019-03-270.068486
2018-12-270.065472
2018-09-260.059275
2018-06-270.057358
2018-03-270.038846
2017-12-270.042325
2017-09-270.038752
2017-06-280.049339
2017-03-290.044589
2016-12-290.047149
2016-12-280.047200
2016-09-280.056082
2016-06-280.065149
2016-03-290.033909
2015-12-290.041588
2015-09-280.066953
2015-06-280.043399
2015-03-290.000759
2014-12-290.023595
2014-09-280.035047
2014-06-260.050000
2014-03-270.029089
2013-12-290.032613
2013-09-260.034427
2013-06-260.042338
2013-03-260.030144
2012-12-270.041519
2012-09-260.028738
2012-06-270.044780
2012-03-280.043299
2011-12-280.055776
2011-09-280.047570
2011-06-280.054408
2011-03-290.050339
2010-12-280.047230
2010-09-280.050214
2010-06-280.029890
2010-03-290.049205
2009-12-210.049600
2009-12-140.049557
2009-09-280.089600
2009-09-210.089572
2009-06-220.069500
2009-06-150.069525
2009-03-240.064400
2009-03-170.064437
2008-12-210.073000
2008-12-140.073002
2008-09-210.090000
2008-09-140.090000
2008-06-220.100000
2008-06-150.100000
2008-03-260.070000
2008-03-170.070000
2007-12-160.090000
2007-09-160.110000
2007-06-170.080000
2007-03-190.080000
2006-12-270.070000
2006-12-170.070000
2006-09-170.030000
2006-06-290.090000
2006-03-300.090000
2005-12-290.080000

Investment Objective

The Fund’s objective is to seek maximum total return, consistent with preservation of capital and prudent investment management (i.e. identifying and implementing strategies for consistent, disciplined and cost-effective investment, based on considerable research and measured forethought, and continual monitoring of individual security and total portfolio risk).

Nature and Extent of Risks

Investment involves risks. Please refer to the Prospectus for details including the risk factors.
1. Interest rate risk
- The value of fixed income securities tends to decrease when interest rates rise, which may cause a decrease in the value of the Fund.
- Fixed income securities with longer durations are more sensitive to changes in interest rates, usually making them more volatile than securities with shorter durations.
2. Credit risk
- The Fund may suffer losses if the issuer of a fixed income security in which it invests is unable or unwilling to make timely principal and/or interest payments, or to otherwise honour its obligations.
3. Downgrade risk
- The Fund may hold securities that may be impacted by a downgraded credit rating. In the event of downgrading of the securities, the Fund’s investment value in such securities may be adversely affected.
- Investment in non-investment grade securities involves higher volatility, credit and liquidity risks.
4. Derivatives risk
- Risks associated with financial derivative instruments (“FDI”) include counterparty/credit risk, liquidity risk, valuation
risk, volatility risk and over-the-counter transaction risk. The leverage element/component of an FDI can result in a loss significantly greater than the amount invested in the FDI by the Fund. Exposure to FDI may lead to a high risk of significant loss by the Fund.
- The Fund may have a net derivative exposure of more than 100% of the NAV of the Fund. This will further magnify any potential negative impact of any change in the value of the underlying asset on the Fund and also increase the volatility of the Fund’s price and may lead to significant losses. Given the leverage effect embedded in derivatives, in the worst case scenario, investing in derivatives may result in total or substantial loss from the use of derivatives.
5. Risks relating to reverse repurchase agreements
- In the event of the failure of the counterparty with which collateral has been placed, the fund may suffer loss as there may be delays in recovering collateral placed out or the cash originally received may be less than the collateral placed with the counterparty due to market movements.
6. Risks relating to repurchase agreements
- In the event of the failure of the counterparty with which cash has been placed, the Fund may suffer loss as there may be delay in recovering cash placed out or difficulty in realising collateral or proceeds from the sale of the collateral may be less than the cash placed with the counterparty due to market movements.
7. Emerging markets risk
- Investing in emerging markets securities imposes risks different from, or greater than, risks of investing in developed countries due to, among other factors, greater price volatility, market, credit, legal, taxation, custody, liquidity, currency, political, economic and regulatory risks.
- The systems and procedures for trading and settlement of securities in emerging markets are less developed and less transparent and transactions may take longer to settle. In addition, foreign exchange controls in emerging market countries may cause difficulties in the repatriation of funds from such countries.
- Because the Fund’s investments are concentrated in emerging markets, the Fund is likely to be subject to greater volatility than portfolios which comprise broad-based global investments. During times of market uncertainty, such investments may negatively affect the Fund’s performance.
8. Sovereign debt risk
- The Fund’s investment in securities issued or guaranteed by governments may be exposed to political, social and economic risks. In adverse situations, the sovereign issuers may not be able or willing to repay the principal and/or interest when due or may request the fund to participate in restructuring such debts. The Fund may suffer significant losses when there is a default of sovereign debt issuers.
9. Currency risk
- The Fund’s investment in non-USD denominated fixed income securities and currency positions may cause the value of the Fund’s investments to fluctuate with changes in exchange rates. This may lead to a fall in the Fund’s NAV.
- Active currency positions implemented directly or indirectly by the Fund may not be correlated with the underlying securities held by the Fund. As a result, the Fund may suffer significant losses even if there is no loss to the value of the underlying securities held by the Fund.
10. High yield, below investment grade and unrated securities risk
- The Fund may invest in high yield, below investment grade securities and unrated securities of similar credit quality.
- These securities typically entail greater potential price volatility and may be less liquid than higher-rated securities.
- Investments in such securities may also be subject to greater credit risk. If the issuer of a security is in default with
respect to interest or principal payments, the Fund may lose its entire investment.
11. Risks associated with mortgage-related and other asset-backed securities
- The Fund may invest in mortgage or other asset-backed securities (including privately-issued mortgage-backed securities) which may be highly illiquid and prone to substantial price volatility. These instruments may be subject to greater credit, liquidity and interest rate risk compared to other debt securities. They are often exposed to extension and prepayment risks and risks that the payment obligations relating to the underlying assets are not met, which may adversely impact the returns of the securities.
12. Liquidity risk
- Liquidity risk exists when particular investments are difficult to purchase or sell. Also, illiquid securities may become harder to value especially in changing markets.
- The Fund’s investments in illiquid securities may reduce the returns of the Fund because it may be unable to sell the illiquid securities at an advantageous time or price which could prevent the Fund from taking advantage of other investment opportunities.
13. Investment risk
- The Fund’s investment portfolio may fall in value and therefore your investment in the Fund may suffer losses.