PIMCO Income Fund Institutional Class
PIMIXNASDAQ
PIMIX·NASDAQ
This fund primarily aims to generate robust current income, while also pursuing long-term capital growth as a supplementary objective. A substantial portion of its overall assets, specifically a minimum of 65%, is committed to a diverse range of fixed income securities. These debt instruments span multiple sectors and possess varying maturity dates, and their exposure can be established through direct investments or via financial derivatives such as options, futures contracts, swap agreements, and forward contracts. Additionally, the fund has the flexibility to allocate up to 50% of its total capital to higher-yielding, lower-rated bonds. These securities are typically classified as below investment grade by prominent rating agencies like Moody's, S&P, or Fitch, or are unrated but deemed appropriate by PIMCO's own assessment.
This fund primarily aims to generate robust current income, while also pursuing long-term capital growth as a supplementary objective. A substantial portion of its overall assets, specifically a minimum of 65%, is committed to a diverse range of fixed income securities. These debt instruments span multiple sectors and possess varying maturity dates, and their exposure can be established through direct investments or via financial derivatives such as options, futures contracts, swap agreements, and forward contracts. Additionally, the fund has the flexibility to allocate up to 50% of its total capital to higher-yielding, lower-rated bonds. These securities are typically classified as below investment grade by prominent rating agencies like Moody's, S&P, or Fitch, or are unrated but deemed appropriate by PIMCO's own assessment.