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RATING UPGRADE

PIMCO Climate Bond Rating Upgrade

Posted @ 18/03/2024 12:26 Posted in Ratings Roundup

We are pleased to announce the rating upgrade of the PIMCO Climate Bond fund from a Responsible Positive Prospect to a single A Responsible rating.

Since its inception in September 2020 the fund has delivered a solid track record outperforming its global credit benchmark and with significantly lower carbon emissions, by investing in a portfolio that combines green bonds with bonds issued by companies that are leaders in mitigating carbon emissions in their respective industries.

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