PIMCO Emerging Markets Full Spectrum Bond Fund
Fund
PFSIX
Price as of:
$6.47
+ $0.01
+ 0.15%
Primary Theme
fund company
Name
As of 06/01/2026Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
0.9%
1 yr return
11.4%
3 Yr Avg Return
9.7%
5 Yr Avg Return
3.2%
Net Assets
$234 M
Holdings in Top 10
88.3%
52 WEEK LOW AND HIGH
$6.5
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.54%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 29.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 06/01/2026Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
PFSIX - Profile
Distributions
- YTD Total Return 0.9%
- 3 Yr Annualized Total Return 9.7%
- 5 Yr Annualized Total Return 3.2%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 4.01%
- Dividend Yield 8.2%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NamePIMCO Emerging Markets Full Spectrum Bond Fund
-
Fund Family NamePIMCOFUNDS
-
Inception DateFeb 25, 2013
-
Shares OutstandingN/A
-
Share ClassInstl
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerYacov Arnopolin
Fund Description
The Fund is designed to provide dynamic exposure to a broad range of emerging market fixed income asset classes, such as external debt obligations of sovereign, quasi-sovereign, and corporate entities; currencies, including local currency-denominated obligations of sovereigns, quasi-sovereigns, and corporate issuers, and other currency investments; and derivatives on the foregoing. In managing the Fund, PIMCO utilizes both top-down and bottom-up analysis to seek to identify multiple sources of value. The top-down analysis generally includes a focus on global macroeconomic and country-specific considerations and provides context for sector allocations and general risk calibration. The bottom-up analysis generally includes examinations of the profiles of individual credits, risk factors and instruments to select holdings of the Fund. The active management approach is driven by PIMCO’s global macroeconomic views, emerging markets expertise and experience across a wide range of investment instruments. The Fund’s assets are allocated in a manner that reflects PIMCO’s views regarding the attractiveness of key investment risk factors, considering both return potential and volatility, and includes an assessment of aggregate country, issuer and currency exposures.The Fund invests under normal circumstances at least 80% of its assets in investments economically tied to emerging market countries and 80% of its assets in Fixed Income Instruments, which may be represented by direct or indirect (through an Acquired Fund) investments. The Fund’s investments may include Fixed Income Instruments of varying maturities, forwards or derivatives, such as options, futures contracts or swap agreements. “Fixed Income Instruments” include bonds, debt securities and other similar instruments issued by various U.S. and non-U.S. public or private-sector entities. The Fund may invest, without limitation, in securities denominated in foreign currencies and in U.S. dollar-denominated securities of foreign issuers. In addition, the Fund may invest in both investment-grade securities and high yield securities (“junk bonds”) rated at least Caa by Moody’s Investors Service, Inc. (“Moody’s”), or equivalently rated by S&P Global Ratings (“S&P”) or Fitch Ratings, Inc. (“Fitch”), or, if unrated, determined by PIMCO to be of comparable quality. In the event that ratings services assign different ratings to the same security, PIMCO will use the highest rating as the credit rating for that security.The Fund will normally limit its net foreign currency exposure (from non-U.S. dollar-denominated securities or currencies) to between 20% and 80% of its assets. The average portfolio duration of this Fund normally varies between minus 3 and plus 7 years. The Fund may purchase and sell securities on a when-issued, delayed delivery or forward commitment basis and may engage in short sales.The Fund’s assets are not allocated according to a predetermined blend of investment exposures or mix of instruments. PIMCO has the flexibility to reallocate the Fund’s assets among any or all of the investment exposures represented by affiliated or unaffiliated funds, or invest directly in securities, instruments and other investments, based on its ongoing analyses of the global economy and financial markets. While these analyses are performed daily, material shifts in investment exposures typically take place over longer periods of time, unless in response to a perceived short-term opportunity or market dislocation. The “total return” sought by the Fund consists of income earned on the Fund’s investments, plus capital appreciation, if any, which generally arises from decreases in interest rates, foreign currency appreciation, or improving credit fundamentals for a particular sector or security. In selecting investments for the Fund, PIMCO may use proprietary quantitative models that are developed and maintained by PIMCO, and which are subject to change over time without notice in PIMCO’s discretion.The Fund may utilize both direct investments and investments in Acquired Funds in seeking to achieve its investment objective. Specifically, “Acquired Funds” refers to the following: funds of the Trust and funds of PIMCO Equity Series and PIMCO ETF Trust, affiliated open-end investment companies, except funds of funds and PIMCO California Municipal Intermediate Value Fund, PIMCO California Municipal Opportunistic Value Fund, PIMCO National Municipal Intermediate Value Fund and PIMCO National Municipal Opportunistic Value Fund (“Underlying PIMCO Funds”) and other affiliated and unaffiliated funds in which the Fund may invest.Acquired Funds may or may not be registered under the Investment Company Act of 1940 (the “1940 Act”). To the extent Underlying PIMCO Funds of the Trust or PIMCO Equity Series are held, Institutional Class or Class M shares will be held. The Fund will invest in such funds, securities, instruments and other investments to the extent permitted under the 1940 Act, or any exemptive relief therefrom, and such investments may be counted towards the 80% investment guideline noted above. To the extent the Fund invests in Underlying PIMCO Funds, PIMCO expects to select such Underlying PIMCO Funds without considering or canvassing the universe of available unaffiliated Acquired Funds.Additional information for the Underlying PIMCO Funds can be found in the Statement of Additional Information and/ or the Underlying PIMCO Funds’ prospectuses and financial reports. Additional Underlying PIMCO Funds may be added or deleted in the future without shareholder notification.
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PFSIX - Performance
Return Ranking - Trailing
| Period | PFSIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 0.9% | -0.8% | 39.8% | 83.08% |
| 1 Yr | 11.4% | 3.5% | 72.1% | 57.14% |
| 3 Yr | 9.7%* | 3.7% | 28.9% | 50.00% |
| 5 Yr | 3.2%* | -4.0% | 8.4% | 30.20% |
| 10 Yr | 4.3%* | -2.2% | 8.1% | 24.06% |
* Annualized
Return Ranking - Calendar
| Period | PFSIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2025 | 10.7% | -2.3% | 18.8% | 23.68% |
| 2024 | -3.5% | -11.2% | 6.9% | 64.66% |
| 2023 | 5.4% | -10.6% | 17.8% | 50.38% |
| 2022 | -15.3% | -29.1% | -2.4% | 24.22% |
| 2021 | -9.0% | -24.0% | 2.7% | 65.48% |
Total Return Ranking - Trailing
| Period | PFSIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 0.9% | -0.8% | 39.8% | 83.08% |
| 1 Yr | 11.4% | 3.5% | 72.1% | 57.14% |
| 3 Yr | 9.7%* | 3.7% | 28.9% | 50.00% |
| 5 Yr | 3.2%* | -4.0% | 8.4% | 30.20% |
| 10 Yr | 4.3%* | -2.2% | 8.1% | 24.06% |
* Annualized
Total Return Ranking - Calendar
| Period | PFSIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2025 | 19.1% | 5.3% | 32.5% | 20.30% |
| 2024 | 3.3% | -6.1% | 16.9% | 60.15% |
| 2023 | 12.7% | 2.4% | 20.0% | 45.11% |
| 2022 | -10.8% | -24.4% | -1.7% | 25.39% |
| 2021 | -4.8% | -18.5% | 7.4% | 64.29% |
NAV & Total Return History
PFSIX - Holdings
Concentration Analysis
| PFSIX | Category Low | Category High | PFSIX % Rank | |
|---|---|---|---|---|
| Net Assets | 234 M | 1.16 M | 14.5 B | 60.53% |
| Number of Holdings | 486 | 4 | 2020 | 36.09% |
| Net Assets in Top 10 | 188 M | -134 M | 1.27 B | 32.71% |
| Weighting of Top 10 | 88.28% | 5.9% | 99.3% | 0.76% |
Top 10 Holdings
- PIMCO EMERGING MARKETS LOCAL C PIMCO E/M LCL CUR + BND INST 33.49%
- PIMCO EMERGING MARKETS CORPORA PIMCO EMG MKTS CORP BND INST 20.76%
- PIMCO PRV SHORT TERM FLT III MUTUAL FUND 9.91%
- MEX BONOS DESARR FIX RT BONDS 04/32 8 5.32%
- PIMCO EMERGING MARKETS BOND FU PIMCO EMRG MRKTS BND INST 5.25%
- TITULOS DE TESORERIA BONDS 08/29 11 3.46%
- TITULOS DE TESORERIA BONDS 11/40 12.75 2.75%
- LETRA TESOURO NACIONAL BILLS 04/27 0.00000 2.51%
- TITULOS DE TESORERIA BONDS 01/35 11.75 2.43%
- TITULOS DE TESORERIA BONDS 02/33 13.25 2.41%
Asset Allocation
| Weighting | Return Low | Return High | PFSIX % Rank | |
|---|---|---|---|---|
| Stocks | 59.50% | -0.01% | 93.83% | 0.75% |
| Bonds | 39.17% | 0.00% | 100.00% | 98.50% |
| Cash | 9.91% | 0.00% | 34.31% | 16.54% |
| Convertible Bonds | 2.13% | 0.00% | 8.47% | 9.13% |
| Preferred Stocks | 0.00% | 0.00% | 5.35% | 35.34% |
| Other | -1.69% | -12.87% | 86.86% | 93.98% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | PFSIX % Rank | |
|---|---|---|---|---|
| Basic Materials | 62.44% | 0.00% | 100.00% | 31.75% |
| Energy | 37.54% | 0.00% | 100.00% | 33.33% |
| Consumer Cyclical | 0.02% | 0.00% | 100.00% | 14.29% |
| Utilities | 0.00% | 0.00% | 11.41% | 28.57% |
| Technology | 0.00% | 0.00% | 30.64% | 30.16% |
| Real Estate | 0.00% | 0.00% | 2.39% | 30.16% |
| Industrials | 0.00% | 0.00% | 100.00% | 47.62% |
| Healthcare | 0.00% | 0.00% | 12.25% | 30.16% |
| Financial Services | 0.00% | 0.00% | 100.00% | 34.92% |
| Communication Services | 0.00% | 0.00% | 8.92% | 30.16% |
| Consumer Defense | 0.00% | 0.00% | 4.83% | 30.16% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | PFSIX % Rank | |
|---|---|---|---|---|
| US | 59.50% | 0.00% | 59.50% | 0.38% |
| Non US | 0.00% | -0.01% | 86.14% | 9.77% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | PFSIX % Rank | |
|---|---|---|---|---|
| Government | 70.86% | 0.00% | 99.79% | 41.83% |
| Cash & Equivalents | 9.91% | 0.00% | 28.71% | 12.78% |
| Corporate | 7.21% | 0.00% | 91.26% | 77.19% |
| Securitized | 0.80% | 0.00% | 2.41% | 6.08% |
| Derivative | 0.19% | -2.55% | 7.35% | 19.55% |
| Municipal | 0.00% | 0.00% | 0.00% | 31.18% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | PFSIX % Rank | |
|---|---|---|---|---|
| Non US | 31.05% | 0.00% | 132.49% | 42.48% |
| US | 8.12% | -42.31% | 100.00% | 77.44% |
PFSIX - Expenses
Operational Fees
| PFSIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.54% | 0.01% | 46.82% | 36.23% |
| Management Fee | 0.85% | 0.00% | 1.10% | 84.96% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | 1.15% |
| Administrative Fee | 0.40% | 0.02% | 0.65% | 81.18% |
Sales Fees
| PFSIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 0.75% | 4.75% | N/A |
| Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
| PFSIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 0.75% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| PFSIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 29.00% | 0.00% | 186.00% | 10.17% |
PFSIX - Distributions
Dividend Yield Analysis
| PFSIX | Category Low | Category High | PFSIX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 8.19% | 0.00% | 22.22% | 42.11% |
Dividend Distribution Analysis
| PFSIX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Monthly | Quarterly | Monthly | Monthly |
Net Income Ratio Analysis
| PFSIX | Category Low | Category High | PFSIX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 4.01% | -2.28% | 8.00% | 55.60% |
Capital Gain Distribution Analysis
| PFSIX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Apr 30, 2026 | $0.044 | OrdinaryDividend |
| Mar 31, 2026 | $0.042 | OrdinaryDividend |
| Feb 27, 2026 | $0.042 | OrdinaryDividend |
| Jan 30, 2026 | $0.047 | OrdinaryDividend |
| Dec 31, 2025 | $0.037 | OrdinaryDividend |
| Nov 28, 2025 | $0.035 | OrdinaryDividend |
| Oct 31, 2025 | $0.041 | OrdinaryDividend |
| Sep 30, 2025 | $0.035 | OrdinaryDividend |
| Aug 29, 2025 | $0.036 | OrdinaryDividend |
| Jul 31, 2025 | $0.035 | OrdinaryDividend |
| Jun 30, 2025 | $0.033 | OrdinaryDividend |
| May 30, 2025 | $0.035 | OrdinaryDividend |
| Apr 30, 2025 | $0.036 | OrdinaryDividend |
| Mar 31, 2025 | $0.036 | OrdinaryDividend |
| Feb 28, 2025 | $0.033 | OrdinaryDividend |
| Jan 31, 2025 | $0.037 | OrdinaryDividend |
| Dec 31, 2024 | $0.035 | OrdinaryDividend |
| Nov 29, 2024 | $0.036 | OrdinaryDividend |
| Oct 31, 2024 | $0.036 | OrdinaryDividend |
| Sep 30, 2024 | $0.035 | OrdinaryDividend |
| Aug 30, 2024 | $0.037 | OrdinaryDividend |
| Jul 31, 2024 | $0.035 | OrdinaryDividend |
| Apr 30, 2024 | $0.032 | OrdinaryDividend |
| Mar 28, 2024 | $0.029 | OrdinaryDividend |
| Feb 29, 2024 | $0.029 | OrdinaryDividend |
| Jan 31, 2024 | $0.029 | OrdinaryDividend |
| Dec 29, 2023 | $0.029 | OrdinaryDividend |
| Nov 30, 2023 | $0.028 | OrdinaryDividend |
| Oct 31, 2023 | $0.030 | OrdinaryDividend |
| Sep 29, 2023 | $0.033 | OrdinaryDividend |
| Aug 31, 2023 | $0.028 | OrdinaryDividend |
| Jul 31, 2023 | $0.025 | OrdinaryDividend |
| Jun 30, 2023 | $0.034 | OrdinaryDividend |
| May 31, 2023 | $0.029 | OrdinaryDividend |
| Apr 28, 2023 | $0.025 | OrdinaryDividend |
| Mar 31, 2023 | $0.035 | OrdinaryDividend |
| Feb 28, 2023 | $0.026 | OrdinaryDividend |
| Jan 31, 2023 | $0.021 | OrdinaryDividend |
| Dec 30, 2022 | $0.056 | OrdinaryDividend |
| Dec 29, 2022 | $0.001 | OrdinaryDividend |
| Nov 30, 2022 | $0.023 | OrdinaryDividend |
| Oct 31, 2022 | $0.022 | OrdinaryDividend |
| Sep 30, 2022 | $0.023 | OrdinaryDividend |
| Aug 31, 2022 | $0.021 | OrdinaryDividend |
| Jul 29, 2022 | $0.019 | OrdinaryDividend |
| Jun 30, 2022 | $0.019 | OrdinaryDividend |
| May 31, 2022 | $0.018 | OrdinaryDividend |
| Apr 29, 2022 | $0.019 | OrdinaryDividend |
| Mar 31, 2022 | $0.020 | OrdinaryDividend |
| Feb 28, 2022 | $0.021 | OrdinaryDividend |
| Jan 31, 2022 | $0.020 | OrdinaryDividend |
| Dec 31, 2021 | $0.029 | OrdinaryDividend |
| Nov 30, 2021 | $0.025 | OrdinaryDividend |
| Oct 29, 2021 | $0.026 | OrdinaryDividend |
| Sep 30, 2021 | $0.024 | OrdinaryDividend |
| Aug 31, 2021 | $0.024 | OrdinaryDividend |
| Jul 30, 2021 | $0.025 | OrdinaryDividend |
| Jun 30, 2021 | $0.024 | OrdinaryDividend |
| May 28, 2021 | $0.022 | OrdinaryDividend |
| Apr 30, 2021 | $0.026 | OrdinaryDividend |
| Mar 31, 2021 | $0.027 | ReturnOfCapital |
| Feb 26, 2021 | $0.026 | ReturnOfCapital |
| Jan 29, 2021 | $0.027 | ReturnOfCapital |
| Dec 31, 2020 | $0.030 | OrdinaryDividend |
| Nov 30, 2020 | $0.025 | OrdinaryDividend |
| Oct 30, 2020 | $0.029 | OrdinaryDividend |
| Sep 30, 2020 | $0.027 | OrdinaryDividend |
| Aug 31, 2020 | $0.023 | OrdinaryDividend |
| Jul 31, 2020 | $0.025 | OrdinaryDividend |
| Jun 30, 2020 | $0.024 | OrdinaryDividend |
| May 29, 2020 | $0.024 | OrdinaryDividend |
| Apr 30, 2020 | $0.025 | OrdinaryDividend |
| Mar 31, 2020 | $0.025 | ReturnOfCapital |
| Mar 31, 2020 | $0.001 | OrdinaryDividend |
| Feb 28, 2020 | $0.028 | ReturnOfCapital |
| Feb 28, 2020 | $0.001 | OrdinaryDividend |
| Jan 31, 2020 | $0.032 | ReturnOfCapital |
| Jan 31, 2020 | $0.001 | OrdinaryDividend |
| Dec 31, 2019 | $0.032 | OrdinaryDividend |
| Nov 29, 2019 | $0.039 | OrdinaryDividend |
| Oct 31, 2019 | $0.036 | OrdinaryDividend |
| Sep 30, 2019 | $0.030 | OrdinaryDividend |
| Aug 30, 2019 | $0.035 | OrdinaryDividend |
| Jul 31, 2019 | $0.032 | OrdinaryDividend |
| Dec 10, 2014 | $0.021 | CapitalGainLongTerm |
| Dec 11, 2013 | $0.001 | CapitalGainShortTerm |
PFSIX - Fund Manager Analysis
Managers
Yacov Arnopolin
Start Date
Tenure
Tenure Rank
May 01, 2017
5.08
5.1%
Mr. Arnopolinis a managing director and portfolio manager in the New York office. He is co-chair of the emerging markets portfolio committee (EMPC). Prior to joining PIMCO in 2016, Mr. Arnopolin served as a managing director overseeing emerging market fixed income portfolios at Goldman Sachs Asset Management. Previously, he worked as a portfolio manager at Fortress Investment Group. Mr. Arnopolin started his career in the fixed income departments at Citigroup and Deutsche Bank, trading mortgages and emerging markets products. He has 22 years of investment experience and holds a bachelor's degree in economics from Carnegie Mellon University. He also serves on the Board of Trustees of the Cancer Research Institute.
Pramol Dhawan
Start Date
Tenure
Tenure Rank
May 01, 2017
5.08
5.1%
Mr. Dhawan is an executive vice president and portfolio manager in the Newport Beach office. Prior to joining PIMCO in 2013, he was a managing director and head of emerging markets trading for Americas at Société Générale in New York. He was previously based in London where he headed the Central and Eastern Europe emerging markets team for the firm. Additionally, he was a management consultant at Accenture. He holds an undergraduate degree in computer science and management studies from the University of Nottingham.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.15 | 23.87 | 6.68 | 6.11 |