PIMCO Emerging Mkts Lcl Ccy and Bd A (PELAX)
PELAX Price Chart
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PELAX Fund Profile
Key details and information about PIMCO Emerging Mkts Lcl Ccy and Bd A (PELAX).
Sector Focus
Financial Services
Industry
Asset Management
Inception Date
31 Jul 2007
Country
US
Description
This PIMCO fund primarily invests a minimum of 80% of its assets in the currencies of, or debt instruments (bonds) issued by or denominated in the currencies of, emerging market nations. To gain this exposure, the fund has the option to utilize various derivative tools like options, futures, forward contracts, and swap agreements. Furthermore, it can invest without any limitation in debt instruments that are economically tied to these developing markets. Notably, the fund is structured as a non-diversified offering.
PELAX Fund Performance
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