SOURCE: PIMCO

PIMCO

December 02, 2014 09:00 ET

PIMCO Canada Wins Morningstar 2014 Best Global Fixed-Income Fund Award

PIMCO Monthly Income Fund (Canada), Managed by Alfred Murata and Dan Ivascyn, Honoured

TORONTO, ON--(Marketwired - Dec 2, 2014) - PIMCO, a leading global investment management firm, won the 2014 Morningstar Global Fixed-Income Fund Award for the PIMCO Monthly Income Fund (Canada) managed by Alfred Murata, Managing Director and Portfolio Manager and Dan Ivascyn, Group Chief Investment Officer.

Morningstar considers a variety of factors when selecting the winner of its prestigious awards, including absolute and relative performance and the risk/return profile versus a benchmark or peer group.

"It's an honour to have the PIMCO Monthly Income Fund selected by Morningstar as the best in class," said Doug Hodge, Managing Director and PIMCO Chief Executive Officer. "We're incredibly proud of Alfred Murata and Dan Ivascyn and the results they've consistently delivered for our clients."

In 2013, Ivascyn and Murata also won Morningstar's prestigious Fixed Income Manager of the Year in the United States.

The PIMCO Monthly Income Fund, which targets steady income and attractive total returns across the global bond markets, has returned 15.75% since its inception in 2011 through October of this year. Its index, the Barclays U.S. Aggregate Index (CAD Hedged), has delivered 4.89% during the same period.

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. The indicated rates of return are the historical annual compounded total returns including changes in unit value and reinvestment of all dividends and does not take into account sales, redemption, distribution or optional charges or income taxes payable by any security holder that would have reduced returns. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.

This article contains the current opinions of the author, but not necessarily those of PIMCO. Such opinions are subject to change without notice. This article has been distributed for educational purposes only and should not be considered as investment advice or a recommendation of any particular security, strategy or investment product. Information contained herein has been obtained from sources believed to be reliable, but not guaranteed. No part of this article may be reproduced in any form, or referred to in any other publication, without express written permission.

About PIMCO

PIMCO is a leading global investment management firm, with 13 offices in 12 countries throughout North America, Europe and Asia. Founded in 1971, PIMCO offers a wide range of innovative solutions to help millions of investors worldwide meet their needs. Our goal is to provide attractive returns while maintaining a strong culture of risk management and long-term discipline. PIMCO is owned by Allianz S.E., a leading global diversified financial services provider.

Contact Information

  • Contact:
    Agnes Crane
    PIMCO - Media Relations
    Ph. 212-739-4212