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Morningstar

PIMCO Low Duration Opportunities A ATMAX

Morningstar Medalist Rating
Medalist Rating as of | See PIMCO Investment Hub
  • NAV / 1-Day Return 10.38  /  +0.20 %
  • Total Assets 80.4 Mil
  • Adj. Expense Ratio
    0.960%
  • Expense Ratio 0.970%
  • Distribution Fee Level High
  • Share Class Type Front Load
  • Category Short-Term Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Limited
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 2.70%
  • Effective Duration 1.42 years

USD | NAV as of Apr 24, 2024 | 1-Day Return as of Apr 24, 2024, 12:10 AM GMT+0

Morningstar’s Analysis ATMAX

Will ATMAX 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 ATMAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the ATMAX 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 ATMAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Strength in PIMCO Low Duration Opportunities A's People Pillar is partially offset by an Average Process Pillar rating, leading to a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the highest quintile among peers.

by Morningstar Manager Research
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Portfolio Holdings ATMAX

More ATMAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 2.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

U S TREASURY REPO

24.91 21.1 Mil
Cash and Equivalents

Cash Offset

22.15 18.8 Mil
—

Federal National Mortgage Association 5%

20.23 17.1 Mil
Securitized

OIS CAD CAONREPO/4.00000 06/21/23-2Y LCH Receive

8.40 7.1 Mil
Government

ABX.HE.AAA.06-2 SP JPM

7.86 6.7 Mil
Derivative

EUROPEAN MONETARY UNION EURO Purchased

7.56 6.4 Mil
Derivative

Federal National Mortgage Association 5%

7.37 6.2 Mil
Securitized

Federal National Mortgage Association 3.5%

6.51 5.5 Mil
Securitized

RFRF USD SF+26.161/0.6* 8/18/23-3Y* CME Receive

4.48 3.8 Mil
Government

RFRF USD SF+26.161/0.6* 03/20/20-5Y LCH Receive

3.70 3.1 Mil
Government