Morningstar

PIMCO Short Asset Investment Fund Class I-3 PANDX

Morningstar Medalist Rating
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  • NAV / 1-Day Return$10.02  /  0.00
  • Fund Size$1.5B
  • Adjusted Expense Ratio0.490%
  • Net Expense Ratio0.520%
  • Fee Level: DistributionHigh
  • Share Class TypeInstitutional
  • Morningstar CategoryUltrashort Bond
  • Fixed-Income Style Box (Funds)Medium/Limited
  • Minimum Initial Investment$1M
  • Investment StatusOpen
  • TTM Yield3.68%
  • Average Effective Duration0.42 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis PANDX

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

  • People Pillar

    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.

  • Parent Pillar

    The Parent Pillar is our rating of PANDX’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 PANDX

More PANDX Holdings
  • Current Portfolio Date
  • Equity Holdings—
  • Bond Holdings—
  • Other Holdings—
  • % Assets in Top 10 Holdings59.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

5 Year Treasury Note Future Sept 26

25.15336M
Government

30 Day Federal Funds Future Aug 26

14.35192M
Government

2 Year Treasury Note Future Sept 26

11.23150M
Government

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

10.08135M
Government

Pimco Fds

9.59128M
—

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

6.8892M
Government

Government National Mortgage Association 4.40872%

5.9079M
Securitized

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

4.6963M
Government

Cox Communications, Inc. 3.35%

1.5621M
Cash and Equivalents

ABN AMRO Bank N.V. 4.63181%

1.5020M
Corporate

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