Business Description
Launched in 1994 and based in the United States, this closed-end fund focuses on government-backed debt from around the world, including bonds tied to the US government, foreign governments, and international organizations. It is run jointly by Allianz Global Investors Fund Management LLC and Pacific Investment Management Company LLC, who use a broad, top-level view of global markets to guide investment decisions. The fund targets steady income by concentrating on securities that carry government backing or guarantees.
