Press Release

PIMCO Launches Income Fund in Australia


Sydney, Australia (April 11, 2016 ) – PIMCO, a leading global investment management firm, has launched the PIMCO Income Fund in Australia. The actively-managed fixed interest fund aims to deliver a competitive and consistent level of monthly income distributions without compromising total return. Modest long term capital appreciation is a critical secondary objective.

The fund is managed by Dan Ivascyn, Managing Director and PIMCO’s Group Chief Investment Officer, and Alfred Murata, Managing Director, both of whom were named Morningstar’s U.S. 2013 Fixed Income Managers of the Year. PIMCO has successfully offered this strategy to investors in the U.S since 2007 and has had first quintile performance over the past 1, 3 and 5 years in the U.S.1   

The Fund pursues investment opportunities across sectors globally and has the flexibility to manage duration and invest in areas that help manage interest rate risk. Unlike many other income-strategies that focus mainly on corporate bonds and can invest without limit in high yield securities, the PIMCO Income Fund has specific limits on below investment-grade corporate securities and securities economically linked to emerging markets.

“Investors increasingly want income while preserving capital and this strategy combines diversified sources of income with rigorous risk management backed by PIMCO’s research and analytical expertise across sectors globally,” said Mr. Ivascyn.

Adrian Stewart, Head of PIMCO Australia and New Zealand added, “Our clients are seeking attractive income and capital appreciation in a world where yield is hard to come by.” Added Mr. Stewart: “This fund takes a prudent approach to pursuing a relatively high and sustainable monthly income stream with limited volatility, and is an attractive addition to our existing range of solutions, particularly those planning for retirement.”

The fund received an introductory rating of “Recommended” from both Lonsec and Zenith and is available through the ASX mFund service. In its product assessment Zenith said, “The fund is an attractive income orientated strategy that fully benefits from the breadth of PIMCO’s global network of investment professionals.”

1Morningstar data as of 30 May 2016, “Multi-sector bond category”

Media Contacts

Michael Reid
Global Head of Corporate Communications
New York

Donna Chan
APAC Corporate Communications
Hong Kong

Millie Dravers
Australia Corporate Communications

Agnes Crane
U.S. Corporate Communications
New York

Jennifer Spivey
U.S. Corporate Communications
Newport Beach

Laura Batty
U.K. and EMEA Corporate Communications

Jochen Haegele
EMEA Corporate Communications


PIMCO is a leading global investment management firm, with 13 offices in 12 countries throughout North and South 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.

Past performance is not a reliable indicator of future results PIMCO Australia Pty Ltd ABN 54 084 280 508, AFSL 246862 (PIMCO Australia) offers products and services to both wholesale and retail clients as defined in the Corporations Act 2001 (limited to general financial product advice in the case of retail clients). This communication is provided for general information only without taking into account the objectives, financial situation or needs of any particular investors. PIMCO is a trademark or of Allianz Asset Management of America L.P. and Pacific Investment Management Company LLC, respectively, in the United States and throughout the world. © 2016 PIMCO

The Zenith Investment Partners (“Zenith”) Australian Financial Services License No. 226872 rating (ETL0458AU assigned March 2016) referred to in this document is limited to “General Advice” (as defined by the Corporations Act 2001) for Wholesale clients only. This advice has been prepared without taking into account the objectives, financial situation or needs of any individual. It is not a specific recommendation to purchase, sell or hold the relevant product(s). Investors should seek independent financial advice before making an investment decision and should consider the appropriateness of this advice in light of their own objectives, financial situation and needs. Investors should obtain a copy of, and consider the PDS or offer document before making any decision and refer to the full Zenith Product Assessment available on the Zenith website. Zenith usually charges the product issuer, fund manager or a related party to conduct Product Assessments. Full details regarding Zenith’s methodology, ratings definitions and regulatory compliance are available on our Product Assessment’s and at

The Lonsec Rating (assigned April 2016) presented in this document is published by Lonsec Research Pty Ltd ABN 11 151 658 561 AFSL 421 445. The Rating is limited to “General Advice” (as defined in the Corporations Act 2001 (Cth)) and based solely on consideration of the investment merits of the financial product(s). Past performance information is for illustrative purposes only and is not indicative of future performance. It is not a recommendation to purchase, sell or hold PIMCO Australia product, and you should seek independent financial advice before investing in this product(s). The Rating is subject to change without notice and Lonsec assumes no obligation to update the relevant document(s) following publication. Lonsec receives a fee from the Fund Manager for researching the product(s) using comprehensive and objective criteria.

For further information regarding Lonsec’s Ratings methodology, please refer to our website at: