Morningstar

PIMCO Short Asset Investment Fund Administrative Class PAIQX

Morningstar Medalist Rating
Medalist Rating as of | See PIMCO Investment Hub
  • NAV / 1-Day Return 10.01  /  0.00
  • Total Assets 1.4B
  • Adj. Expense Ratio
    0.590%
  • Expense Ratio 0.620%
  • Distribution Fee Level High
  • Share Class Type Institutional
  • Category Ultrashort Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Limited
  • Min. Initial Investment 1M
  • Status Open
  • TTM Yield 3.62%
  • Effective Duration 0.33 years

USD | NAV as of Oct 02, 2026 | 1-Day Return as of Oct 02, 2026, 12:11 AM GMT+0

Morningstar’s Analysis PAIQX

Will PAIQX outperform in the 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 PAIQX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

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

An ultrashort bond standout.

Principal Paul Olmsted

Paul Olmsted

Principal

Summary

Pimco Short Asset Investment is in every respect a standout choice among ultrashort bond peers. This strategy is the most constrained of Pimco's ultrashort strategies.

by Paul Olmsted
Rated on Published on

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Portfolio Holdings PAIQX

More PAIQX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 59.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

5 Year Treasury Note Future Sept 26

25.15 336M
Government

30 Day Federal Funds Future Aug 26

14.35 192M
Government

2 Year Treasury Note Future Sept 26

11.23 150M
Government

RFR USD SOFR/3.32500 07/06/26-4Y* LCH Receive

10.08 135M
Government

Pimco Fds

9.59 128M
—

RFR USD SOFR/3.25000 06/18/25-5Y LCH Receive

6.88 92M
Government

Government National Mortgage Association 4.40872%

5.90 79M
Securitized

RFR USD SOFR/4.00000 10/05/26-4Y* LCH Receive

4.69 63M
Government

Cox Communications, Inc. 3.35%

1.56 21M
Cash and Equivalents

ABN AMRO Bank N.V. 4.63181%

1.50 20M
Corporate

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