IE00B95MX153
PIMCO GIS Diversified Income Fund AUD-Hedged (Dist.)

Fixed income
Investment grade
Global
AUD Cash
Distributing

Invest with

AUD Cash

Payout type

Distributing

Risk rating

About this fund

Description

The Fund seeks to maximise total return by investing in the broad global credit market, primarily in a diversified pool of corporate and emerging market fixed income securities of varying maturities in both US Dollar and non-USD Dollar denominated se...

Key information

Annual report

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Product Highlight Sheet

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Prospectus

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Information Memorandum

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Factsheet

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Our perspective

Why we think this fund is best-in-class

Product

Provides efficient access to broad global credit market exposure by investing primarily in a diversified pool of corporate and emerging market fixed income securities of varying maturities.Attempts to maximize total return, or the combination of current yield and price change, by focusing on undervalued segments of the global credit opportunity set.

People

Benefits from the scale and expertise of PIMCO, who is one of the largest fixed income managers in the world, managing more than US 1 trillion of assets.Managed by a team of 4 experienced portfolio managers with over 20 years of average investment experience, spanning across multiple fixed income sectors such as Euro credit, high yield and securitized assets.Collaborates closely with other single-sector portfolio management teams to construct multi-sector portfolios and leverages over 80 global credit research analysts and 75 quantitative analysts for bottom-up security selection and risk management respectively.

Performance

Seeks to provide investors with an allocation across global credit sectors that is optimized from the standpoint of risk-adjusted return potential.Has demonstrated consistent outperformance relative to benchmark since its inception in 2005.From an absolute return perspective, stable to declining yields would be a favorable market environment for the fund’s performance, when combined with strength with other risk asset markets. On the contrary, periods of rapidly rising yields, wider or higher credit spreads, as well as broader risk asset underperformance typically characterize unfavorable market conditions for the Fund.

Process

Employs a repeatable and disciplined investment approach combining bottom-up fundamental credit research with top-down macroeconomic analysis, constantly looking out for both weakening credit fundamentals, to avoid potential downside, and improving credit fundamentals, to capture the upside.Strives to capture value from all techniques and sectors available, but take moderate risk in each, such that no one decision alone should overwhelm a portfolio and cause significant underperformance.Emphasizes asset allocation, sector rotation and bottom-up security selection as the primary drivers of return. Yield curve and duration positioning, as well as currency views, are intended to have a smaller impact on overall performance over time.

Cost

Endowus offers retail share class with 100% trailer fee rebated back to Endowus investors to achieve lower cost of access.

How it fits in a portfolio

Investors looking for a global, multi-sector, credit-focused, total return fixed income fund would find the Fund attractive.However, investors should be aware of the credit risk taken by investing in this Fund, due to the Fund’s exposure to high yield credit and emerging markets debt. It is advisable to diversify allocation to this Fund with other asset classes after understanding one’s risk tolerance and investment objective.

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Performance

Returns

NAV

Shows the total return of this distributing fund, which includes dividends paid out.

Total returns

Cumulative

Annualised

All Time

47.12%

YTD

0.56%

1 month

0.56%

6 month

4.59%

1 year

8.41%

3 year

17.77%

5 year

-0.62%

10 year

38.07%

As of Jan 2026

Distributions

4.68%

Frequency

Quarterly

29 Jan 2026

Yield

6.51%As of Sep 2025

Risk metrics

Max drawdown

-23.48%As of Jan 2026

Volatility

6.49%As of Jan 2026

Calendar returns

Year	Total	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2026	-	0.6%	-	-	-	-	-	-	-	-	-	-	-
2025	8.9%	1.0%	1.5%	-0.6%	-0.0%	0.7%	1.7%	0.4%	1.1%	1.0%	1.1%	0.5%	0.2%
2024	4.6%	-0.1%	-0.2%	1.1%	-1.7%	1.4%	0.6%	2.0%	1.2%	1.4%	-1.6%	1.5%	-1.0%
2023	6.6%	3.7%	-2.5%	0.9%	0.1%	-1.0%	0.7%	0.8%	-0.9%	-1.6%	-1.4%	4.1%	3.8%
2022	-18.2%	-2.7%	-3.7%	-2.1%	-5.1%	-0.8%	-5.8%	3.5%	-2.0%	-5.3%	0.2%	4.8%	-0.4%
Load more		5 of 15

Top Exposures

Holdings

Regions

Sectors

5 Year Treasury Note Future Dec 25 (2026-01-01 Maturity)	7.10%
CDX IG44 5Y ICE (2030-06-20 Maturity)	4.20%
2 Year Treasury Note Future Dec 25 (2026-01-01 Maturity)	3.93%
10 Year Treasury Note Future Dec 25 (2025-12-20 Maturity)	3.05%
Federal National Mortgage Association 6.5% (2055-11-13 Maturity)	2.71%
PIMCO GIS US S/T Z USD Inc (2027-04-01 Maturity)	2.34%
Ultra 10 Year US Treasury Note Future Dec 25 (2025-12-20 Maturity)	2.29%
Federal National Mortgage Association 6% (2055-11-13 Maturity)	2.28%
CDX IG45 5Y ICE (2030-12-20 Maturity)	2.12%
PIMCO US Dollar S/T Fl NAV Z USD Inc (2025-10-25 Maturity)	2.01%
CDX HY44 5Y ICE (2030-06-20 Maturity)	1.87%
PIMCO USD Short Mat ETF (2025-12-01 Maturity)	1.65%
RFR GBP SONIO/3.75000 09/17/25-5Y LCH Receive (2030-09-17 Maturity)	1.65%
CDX HY43 5Y ICE (2029-12-20 Maturity)	1.64%
Euro Bobl Future Dec 25 (2025-12-09 Maturity)	1.48%

Top exposures represent up to 15 of the fund's largest exposures for each category. Allocation percentages may not sum up to 100% and can include negative values due to rounding or trading activities by the underlying fund managers, including short positions.

Fund fees

1.59%0.88% p.a.

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Fund facts

ISIN

IE00B95MX153

Fund house

PIMCO

Fund size

A$10.2B

As of 31 Dec 2025

Fund inception date

19 Dec 2012

Fund class currency

AUD

Fund share class

M Retail Inc

Oldest share class ISIN

IE00B0C18065

Oldest share inception date

30 Jun 2005

Pricing frequency

Daily

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IE00B95MX153PIMCO GIS Diversified Income Fund AUD-Hedged (Dist.)

IE00B95MX153
PIMCO GIS Diversified Income Fund AUD-Hedged (Dist.)