PCEPX

About PCEPX

PIMCO Climate Bond Fund I-2 is an actively managed mutual fund focused on fixed income securities with a dedicated climate mandate. Its primary objective is to deliver optimal risk-adjusted returns while explicitly integrating long-term climate-related risks and opportunities into portfolio construction. The strategy invests at least 80% of assets in a diversified mix of bonds across sectors and maturities, and may use derivatives such as futures, options, and swaps to manage duration, currency, and credit exposures. It allocates opportunistically to climate-focused instruments—including labeled green bonds—and to issuers demonstrating leadership in addressing climate factors, aligning the portfolio with evolving sustainability standards. Managed by PIMCO’s global fixed income platform, the fund targets medium credit quality and moderate interest rate sensitivity, positioning it within the corporate bond category while retaining flexibility to hold government and securitized exposures. The fund’s role in the market is to channel capital toward climate-aligned debt markets, offering institutional investors a dedicated vehicle to access the expanding universe of climate-related fixed income while maintaining traditional bond portfolio disciplines.