PIMCO GIS plc - Global High Yield Bond Fund

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There is only one type of share class for this fund.

PIMCO GIS Global High Yield Bond Fund Institutional GBP (Hedged) Income

Category Global High Yield Bond - GBP Hedged

This fund can be held in an Investment ISA, SIPP and Investment Account

Last buy/sell price

£5.30

arrow-up£0.01 (+0.19%)

Fund Code

PGHYD

B0V9T86

IE00B0V9T862

Prices updated as at 02 Apr 2025

Prices in GBP

Investment objective

The investment objective of the Fund is to seek to maximise total return, consistent with prudent investment management. The Fund invests at least two-thirds of its total net assets in a diversified portfolio of high yield Fixed Income Instruments that are denominated in major world currencies and are rated lower than Baa by Moody’s or BBB by S&P or equivalently rated by Fitch. The Fund may invest up to 20% of its total net assets in high yield Fixed Income Instruments that are rated Caa or lower by Moody’s or CCC or lower by S&P or equivalently rated by Fitch (or, if unrated, determined by the Investment Advisor to be of a comparable quality). The portion of the Fund’s assets that are not invested in Fixed Income Instruments rated lower than Baa by Moody’s or lower than BBB by S&P or equivalently rated by Fitch may be invested in higher quality Fixed Income Instruments.

Important notice: This product is based overseas and is not subject to UK sustainable investment labelling and disclosure requirements. Please refer to the FCA website which details further information in relation to sustainability disclosure requirements for retail clients.

Important documents: Please ensure that you have read the Key Information Document/Technical Guide , Pre-sale Illustrations document & Doing Business with Fidelity document (incorporating the Fidelity Client Terms) and the fund information documents. These can be found within the Charges & documents section.

Company name

PIMCO Global Advisors (Ireland) Limited

Fund launch date

30 Jun 2005

Domicile

Ireland

UCITS

Yes

Lead manager

David Forgash

Lead manager start date

01 Apr 2019

Lead fund manager biography

Executive Vice President, PIMCO. Mr. Forgash is a portfolio manager and head of global leveraged loans. In addition to being the lead portfolio manager for leveraged loans, he is also a member of the high yield and multi-sector credit teams. Prior to joining PIMCO in 2018, he was a senior portfolio manager at Millennium Capital Partners, investing across European credit. Previously, he was an executive director of European credit trading at Morgan Stanley, a managing director of U.S. credit trading at Greenwich Capital and a vice president in credit trading at Lehman Brothers. He has investment experience since 1994 and holds an MBA from the Stern School of Business at New York University. He received an undergraduate degree in economics from the University of Delaware.

Fund manager

Andrew Jessop

Manager start date

01 Jan 2010

Fund manager biography

Managing Director, PIMCO. Mr. Jessop joined PIMCO in 2009, as a senior portfolio manager and head of the high yield team. Prior to joining PIMCO, he was a managing director, portfolio manager and co-head of the high yield group at Goldman Sachs Asset Management, where he spent twelve years. He has investment experience since 1989 and holds a degree from Queens’ College, Cambridge University.

Head office

Mutual House

70 Conduit Street

Dublin

Ireland

W1S 2GF

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