Username: Forgot username?
Password: Forgot password?
Remember me (ID only)
Not Registered? Sign up now!
Please contact the Service Desk 1-800-880-8684
Note: You can use any of the following IDs to log in to this site:
allianzinvestors.com ID
investments.pimco.com ID
DST Vision ID
More Contact Options
You are about to enter PIMCO INVESTMENTS LLC
All of PIMCO's municipal bond strategies rely on our core competency in fixed income management, with the objective of maximizing tax-advantaged income while emphasizing capital preservation. PIMCO has been managing municipal assets since 1997 and we are among the largest investors in the space today with $58 billion AUM as of 31 July 2012. Our 14-member municipal team is headed by Joe Deane, a municipal market veteran with more than four decades of investment experience. Critically, our team of six dedicated municipal analysts taps into the expertise of more than 40 firm-wide credit analysts. Together, they continually monitor the credits we purchase, with the aim of guarding portfolios from the adverse impact of a negative credit event.
Our investment process utilizes both "top-down" and "bottom-up" strategies. Top-down strategies are deployed from a macro view of the portfolio driven by our secular outlook of the forces likely to influence the economy and financial markets over the next three to five years and our cyclical views of two- to four-quarter trends. Implementation in portfolios is effected by selecting securities that achieve the designated objectives. The municipal team views this framework through the lens of tax-exempt investing, integrating bottom-up research to select individual securities for managed account portfolios.
PIMCO Municipal Bond managed account portfolios are constructed with two components: a core segment of individual bonds that act as a foundation; and a commingled vehicle built to complement these holdings. The core segment represents approximately 70% of the overall portfolio and focuses on high quality individual municipal bonds. The commingled vehicle makes up the balance of the portfolio and provides access to specialized investment strategies. This innovative structure allows individual accounts the flexibility to pursue a broader range of tax-advantaged, risk-return opportunities.
Mr. Deane is an executive vice president in the New York office and head of municipal bond portfolio management. Prior to joining PIMCO in 2011, he was co-head of the tax-exempt department at Western Asset (WAMCO). Mr. Deane was previously a managing director and head of tax-exempt investments from 1993-2005 at Smith Barney/Citigroup Asset Management. Earlier in his career, he held senior portfolio management positions with Shearson and E.F. Hutton. Morningstar named him Fixed Income Manager of the Year in 1996 and a finalist in 1995 and 2007. He has 42 years of investment experience and holds a bachelor's degree from Iona College.
Ms. Callahan is a senior vice president and municipal bond portfolio manager in the New York office. Prior to joining PIMCO in 2011, she was a portfolio manager for municipal separately managed accounts at Western Asset (WAMCO). She previously managed the firm's municipal money market funds. Before that, Ms. Callahan was director and portfolio manager for municipal money market funds with Citigroup Asset Management. She has 17 years of investment experience and holds a bachelor's degree from Fairfield University.
Are you sure you want to empty the outbox.
You are attempting to add an Internal Use Only document to your Outbox. This document is approved for PIMCO employees only and is not intended for external audiences.