The PIMCO Investment Grade Credit Bond Fund Class ADMIN (PGCAX) is a mutual fund that primarily invests in high-quality, investment-grade bonds. This fund is managed by PIMCO, a global investment management firm known for its expertise in fixed income securities. The fund aims to provide investors with a steady stream of income and potential for capital appreciation through a diversified portfolio of credit bonds. As a Class ADMIN fund, it may have lower fees and expenses compared to other share classes, making it an attractive option for investors seeking a cost-effective way to access the credit bond market.