
The Pimco GIS Income Fund is a great option for those seeking a stable source of income. This fund is designed to provide a regular income stream to investors.
It invests in a diversified portfolio of high-quality, short-term debt securities, focusing on government and corporate bonds with a short to medium-term maturity.
The fund's investment strategy is to maintain a high level of liquidity to meet investor redemptions.
Fund Details
The PIMCO GIS Income Fund is a great option for those looking for a stable source of income. It is designed to provide regular income to investors while preserving capital.
The fund invests in a diversified portfolio of high-quality bonds, with a focus on government securities. This approach aims to minimize risk and maximize returns.
The fund's investment objective is to provide a high level of income, with a secondary objective of preserving capital. This is achieved through a combination of active management and a conservative investment approach.
Top 10 Holdings
The top 10 holdings of this product are quite interesting. The Federal National Mortgage Association is the dominant player, with various bond issues making up 9 of the top 10 holdings.
The 6% Federal National Mortgage Association bond is the largest holding, making up 9.47% of the product's assets. This is followed closely by the 6.5% Federal National Mortgage Association bond, which accounts for 6.10% of the assets.
The 5% and 5.5% Federal National Mortgage Association bonds also make up significant portions of the product, with 5.56% and 5.07% of the assets, respectively. The 6.5% Federal National Mortgage Association bond is also repeated in the top 10, with a smaller allocation of 4.85%.
There are a few other notable holdings in the top 10, including the PIMCO US Dollar S/T Fl NAV Z USD Inc, which accounts for 3.40% of the assets. The 10 Year Treasury Note Future Sept 24 is also a significant holding, making up 3.10% of the product's assets.

Here are the top 10 holdings in a concise table:
Fund Objective
The fund's primary goal is to maintain a high level of dividend income. This is achieved by investing in a broad array of global fixed income sectors.
The fund will invest at least two-thirds of its assets in a diversified portfolio of fixed income instruments and securities. These instruments and securities come in varying maturities.
To maintain a high level of dividend income, the fund seeks to invest in fixed income sectors that typically generate elevated levels of income. This approach aims to maximize income while minimizing risk.
The fund's secondary objective is long-term capital appreciation. This means that while income is the primary focus, the fund also aims to grow in value over time.
Diversification is key to achieving the fund's objectives. By spreading investments across a broad range of global fixed income securities, the fund aims to minimize risk and maximize returns.
The fund will use a global multi-sector strategy to combine income maximization with long-term capital appreciation. This approach involves using top-down and bottom-up strategies to identify multiple sources of value.
The fund's investment advisor will utilize a total return investment process and philosophy to identify opportunities for consistent returns. This approach aims to balance income and capital appreciation.
The fund's portfolio construction is founded on the principle of diversification. This means that the fund will hold a range of different investments to minimize risk and maximize returns.
Asset Allocation
The PIMCO GIS Income Fund's asset allocation strategy is built on the principle of diversification across a broad range of global fixed income securities.
This strategy combines top-down and bottom-up approaches to identify multiple sources of value and generate consistent returns.
Portfolio construction is founded on the principle of diversification, which helps to minimize risk and maximize returns.
The fund's investment advisor uses a total return investment process and philosophy to seek high current income and long-term capital appreciation.
A global multi-sector strategy is employed to combine different asset classes and geographic regions in pursuit of the fund's objectives.
The fund's asset allocation is designed to be flexible, allowing the investment advisor to adjust the portfolio as market conditions change.
Income Information
The PIMCO GIS Income Fund offers regular income payments, which can be received through an ISA or a Fund & Share Account.
Income payments are made monthly, with the payment date falling on the 13th of each month, starting from January 2025.
The payment dates for the next year are: 13 February 2025, 13 March 2025, 13 April 2025, 11 May 2025, 13 June 2025, 13 July 2025, 13 August 2025, 9 September 2025, 13 October 2025, 11 November 2025, and 13 December 2025.
You can expect to receive interest payments from the fund, with the type of payment being interest.
The income is collected by the fund manager and paid directly into your bank account within the first 10 working days of the following month.
The ex-dividend dates for the next year are: 29 December 2024, 27 January 2025, 25 February 2025, 30 March 2025, 28 April 2025, 25 May 2025, 29 June 2025, 28 July 2025, 26 August 2025, 29 September 2025, 28 October 2025, and 29 November 2025.
Here is a breakdown of the sectors and their corresponding weights in the fund:
Frequently Asked Questions
Is Pimco income fund a good fund?
Pimco Income Fund has received a 4-star rating from Morningstar, indicating strong risk-adjusted performance. This suggests it's a solid investment option, but it's always a good idea to do further research before making a decision.
What is the best performing PIMCO fund?
According to Zacks, the top-ranked PIMCO funds with a Strong Buy rating are PIMCO RAE US PKAAX, PIMCO RAE US Small PMJAX, and PIMCO Dividend and Income Fund PQIZX. These funds are expected to outperform their peers in the future, but it's essential to do your own research before investing.
Sources
- https://www.ajbell.co.uk/market-research/FUND:BJ09LQ2
- https://www.ajbell.co.uk/market-research/FUND:B8RHFL5
- https://www.morningstar.co.uk/uk/funds/snapshot/snapshot.aspx
- https://www.hl.co.uk/funds/fund-discounts,-prices--and--factsheets/search-results/p/pimco-gis-income-hedged-income
- http://www.ocbc.com/personal-banking/investments/unit-trusts/funds-details.page
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