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Morningstar

PIMCO Short Asset Investment Instl PAIDX

Morningstar Medalist Rating
Medalist Rating as of | See PIMCO Investment Hub
  • NAV / 1-Day Return 9.94  /  +0.04 %
  • Total Assets 2.4 Bil
  • Adj. Expense Ratio
    0.350%
  • Expense Ratio 0.360%
  • Distribution Fee Level Average
  • Share Class Type Institutional
  • Category Ultrashort Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Limited
  • Min. Initial Investment 1.0 Mil
  • Status Open
  • TTM Yield 5.33%
  • Effective Duration 0.16 years

USD | NAV as of May 31, 2024 | 1-Day Return as of May 31, 2024, 10:14 PM GMT+0

Morningstar’s Analysis PAIDX

Will PAIDX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PAIDX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the PAIDX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of PAIDX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A first-rate ultrashort offering.

Senior Analyst Paul Olmsted

Paul Olmsted

Senior Analyst

Summary

Pimco Short Asset Investment’s veteran liquidity-focused ultrashort managers use the firm’s full toolkit to execute this time-tested process to make it a top option among its peers. This fund’s mandate is the most constrained of Pimco’s suite of ultrashort strategies.

by Paul Olmsted
Rated on Published on

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Portfolio Holdings PAIDX

More PAIDX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings −0.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Cash Offset

16.60 406.3 Mil
—

5 Year Treasury Note Future June 24

5.13 125.6 Mil
Government

CPPIB Capital Inc 6.6018%

2.26 55.3 Mil
Government

Federal Home Loan Banks 5.5%

1.43 35.0 Mil
Government

Volkswagen Group of America Finance LLC 6.26963%

1.33 32.5 Mil
Cash and Equivalents

Credit Suisse AG New York Branch 3.625%

1.30 31.7 Mil
Corporate

Mizuho Financial Group Inc. 2.839%

1.22 29.8 Mil
Corporate

Federation des Caisses Desjardins du Quebec 5.75456%

1.21 29.6 Mil
Cash and Equivalents

Revvity Inc 0.85%

1.20 29.3 Mil
Corporate

Goldman Sachs Group, Inc. 5.7%

1.19 29.0 Mil
Corporate