PIMCO Short Asset Investment PAIDX benefits from the same high-caliber team and resources as its open-end sibling, PIMCO Short-Term PTSHX, as well as a similarly strong, albeit more constrained, process focused on capital preservation. Cheaper fees here boost this fund’s Morningstar Analyst Rating to Gold.
Will PANDX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PANDX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the PANDX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of PANDX’s parent organization’s priorities and whether they’re in line with investors’ interests.
The Price Pillar compares PANDX’s fees to similar funds, determining whether or not the fund provides a good value proposition.
The Performance Pillar is our evaluation of whether PANDX’s returns have been the result of chance or a proven, long-term process and compares the fund with its category or benchmark.