Key stats
About PIMCO INVESTMENT GRADE CREDIT FUND UNITS
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Inception date
Sep 29, 2017
Structure
Canadian Mutual Fund Trust (ON)
Distributes
Capital Gains
Tax on distributions
Ordinary income
Primary advisor
Pimco Canada Corp. Funds
The fund actively manages a global portfolio of corporate fixed income securities across industries, issuers, and regions. The fund allocates 25% to emerging markets and seeks to maximize current income consistent with preservation of capital. IGCF invests mainly in non-CAD-denominated high-quality debt, targeting to maintain an average credit quality of BBB-, but allocates 15% of its total assets in high yield securities or bonds with credit rating lower than BBB-. The funds average portfolio duration normally varies approximately two years (plus or minus) of the portfolio duration of the Barclays U.S. Credit Index.
Classification
What's in the fund
Exposure type
Corporate
Securitized
Government
Stock breakdown by region
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