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Morningstar

PIMCO Low Duration II Admin PDFAX

Morningstar Medalist Rating
Medalist Rating as of | See PIMCO Investment Hub
  • NAV / 1-Day Return 9.11  /  +0.01 %
  • Total Assets 321.1 Mil
  • Adj. Expense Ratio
    0.750%
  • Expense Ratio 0.760%
  • Distribution Fee Level High
  • Share Class Type Institutional
  • Category Short-Term Bond
  • Credit Quality / Interest Rate Sensitivity High/Limited
  • Min. Initial Investment 1.0 Mil
  • Status Open
  • TTM Yield 3.77%
  • Effective Duration 1.72 years

USD | NAV as of Apr 22, 2024 | 1-Day Return as of Apr 22, 2024, 10:14 PM GMT+0

Morningstar’s Analysis PDFAX

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

  • People Pillar

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

PIMCO Low Duration II Admin boasts strong Process and People Pillar ratings, but other weaknesses hold this strategy's Morningstar Medalist Rating at 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 second-highest quintile among peers.

by Morningstar Manager Research
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Portfolio Holdings PDFAX

More PDFAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 69.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

2 Year Treasury Note Future Mar 24

59.99 205.7 Mil
Government

U S TREASURY REPO

28.58 98.0 Mil
Cash and Equivalents

U S TREASURY REPO

23.65 81.1 Mil
Cash and Equivalents

United States Treasury Notes 3.625%

11.59 39.8 Mil
Government

3 Month SOFR Future Dec 23

6.42 22.0 Mil
Government

Pimco Fds

3.30 11.3 Mil
—

Federal National Mortgage Association 4.5%

2.52 8.6 Mil
Securitized

Federal Home Loan Mortgage Corp. 4%

2.40 8.2 Mil
Securitized

Federal Home Loan Mortgage Corp. 0.68%

2.28 7.8 Mil
Government

RFR USD SOFR/4.71500 09/13/23-1Y LCH Receive

2.15 7.4 Mil
Government