PFODX — PIMCO International Bond Fund (U.S. Dollar-Hedged)
Data updated: 2026-08-31
PFODX — PIMCO International Bond Fund (U.S. Dollar-Hedged). Long Total / Aggregate Bond · $20.32B AUM. Holdings, fees, performance and SEC filings.
PFODX Fund Overview
PFODX — PIMCO International Bond Fund (U.S. Dollar-Hedged) is a US mutual fund managed by PIMCO Funds, categorised as Long Total / Aggregate Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: PIMCO Funds
- Category: Long Total / Aggregate Bond
- Assets under management: $20.32B
- Ticker: PFODX
- SEC CIK: 0000810893
- SEC series ID: S000009678
- Share class ID: C000026521
PFODX Investment Objective and Strategy
PIMCO International Bond Fund (U.S. Dollar-Hedged) describes its objective and strategy as follows, from its latest prospectus filed with the SEC by PIMCO Funds.
Investment objective
The Fund seeks maximum total return, consistent with preservation of capital and prudent investment management.
Principal investment strategy
"The Fund seeks to achieve its investment objective by investing under normal circumstances at least 80% of its assets in Fixed Income Instruments. The Fund will invest under normal circumstances in Fixed Income Instruments that are economically tied to at least three non-U.S. countries. The Fund's investments in Fixed Income Instruments may be represented by 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 will normally limit its foreign currency exposure (from non-U.S. dollar-denominated securities or currencies) to 20% of its total assets. PIMCO selects the Fund's foreign country and currency compositions based on an evaluation of various factors, including, but not limited to relative interest rates, exchange rates, monetary and fiscal policies, trade and current account balances.
The Fund may invest, without limitation, in securities and instruments that are economically tied to emerging market countries. The average portfolio duration of this Fund normally varies within three years (plus or minus) of the portfolio duration of the securities comprising the Bloomberg Barclays Global Aggregate ex-USD (USD Hedged) Index, as calculated by PIMCO, which as of May 31, 2018 was 7.90 years. Duration is a measure used to determine the sensitivity of a security's price to changes in interest rates. The longer a security's duration, the more sensitive it will be to changes in interest rates. The Fund invests primarily in investment grade debt securities, but may invest up to 10% of its total assets in high yield securities (""junk bonds""), as rated by Moody's Investors Service, Inc.
(""Moody's""), Standard & Poor's Ratings Services (""S&P"") or Fitch, Inc. (""Fitch""), or, if unrated, as determined by PIMCO. The Fund is non-diversified, which means that it may invest its assets in a smaller number of issuers than a diversified fund. The Fund may invest, without limitation, in derivative instruments, such as options, futures contracts or swap agreements, or in mortgage- or asset-backed securities, subject to applicable law and any other restrictions described in the Fund's prospectus or Statement of Additional Information. The Fund may purchase or sell securities on a when-issued, delayed delivery or forward commitment basis and may engage in short sales. The Fund may, without limitation, seek to obtain market exposure to the securities in which it primarily invests by entering into a series of purchase and sale contracts or by using other investment techniques (such as buy backs or dollar rolls).
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. The Fund may also invest up to 10% of its total assets in preferred securities."
PFODX Holdings
Top 10 holdings of PIMCO International Bond Fund (U.S. Dollar-Hedged) by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Umbs, Tba | 20.02% |
| Pimco Prv Short Term Flt Iii | 7.00% |
| Pimco Short Asset Portfolio | 3.81% |
| Government National Mortgage Association | 3.31% |
| China Development Bank | 2.95% |
| China Development Bank | 2.32% |
| Umbs, Tba | 2.11% |
| U.K. Gilts | 2.07% |
| French Republic Government Bonds OAT | 2.03% |
| United States Treasury | 1.57% |
PFODX Portfolio Allocation
Asset-class allocation of PIMCO International Bond Fund (U.S. Dollar-Hedged) by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 64.7% |
| Securitized | 53.6% |
| Cash & Equivalents | 13.5% |
| Derivatives | 1.4% |
| Loans | 0.8% |
PFODX Performance
Total returns for PFODX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 1.0% |
| 1 year | 2.9% |
| 3 years (annualised) | 5.6% |
| 5 years (annualised) | 1.8% |
PFODX Risk Information
Risk metrics for PFODX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 3.9%
PFODX Costs and Fees
PFODX costs about $95 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.95%
- Gross expense ratio: 0.95%
- Portfolio turnover: 699%
- Brokerage commissions: 0.55 bps of average net assets (SEC N-CEN)
PFODX Cashflows
Over the 12 months to 2026-06, PIMCO International Bond Fund (U.S. Dollar-Hedged) had net inflows of $4.87B, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | $283.86M |
| 2026-05 | $347.72M |
| 2026-04 | $1.66B |
| 2026-03 | $1.16B |
| 2026-02 | $302.83M |
| 2026-01 | −$95.54M |
PFODX Debt Constituents
Largest debt holdings of PIMCO International Bond Fund (U.S. Dollar-Hedged) by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| China Development Bank | 2.95% |
| China Development Bank | 2.32% |
| U.K. Gilts | 2.07% |
| French Republic Government Bonds OAT | 2.03% |
| United States Treasury | 1.57% |
| Spain Government Bonds | 1.46% |
| Republic Of South Africa | 1.20% |
| Letra Tesouro Nacional | 1.15% |
| Province Of Quebec | 1.12% |
| Italy Buoni Poliennali Del Tesoro | 1.11% |
PFODX Prospectus and SEC Filings
Official PIMCO International Bond Fund (U.S. Dollar-Hedged) filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus supplement (497) — filed 2025-10-01
- Prospectus supplement (497) — filed 2025-01-22
- Prospectus supplement (497) — filed 2024-01-08
- Portfolio holdings (N-PORT) — filed 2026-08-31
- Portfolio holdings (N-PORT) — filed 2026-05-29
- Portfolio holdings (N-PORT) — filed 2026-03-02
- Annual census (N-CEN) — filed 2026-06-11
- Annual census (N-CEN) — filed 2025-06-13
Related Funds
Other Long Total / Aggregate Bond funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.