The strategy’s yearslong defensive posture has come at the cost of forgone total returns during risk-friendly markets, but Pimco Low Duration should offer investors a smoother ride over the long term. The strategy retains its People and Process ratings of High and Above Average, respectively.
PIMCO Low Duration Fund Administrative Class PLDAX
- NAV / 1-Day Return 9.22 / −0.32 %
- Total Assets 4.5B
-
Adj. Expense Ratio
0.710%
- Expense Ratio 0.730%
- Distribution Fee Level High
- Share Class Type Institutional
- Category Short-Term Bond
- Credit Quality / Interest Rate Sensitivity Medium/Limited
- Min. Initial Investment 1M
- Status Open
- TTM Yield 3.96%
- Effective Duration 1.97 years
USD | NAV as of Jun 06, 2026 | 1-Day Return as of Jun 06, 2026, 2:53 AM GMT+0
Morningstar’s Analysis PLDAX
Will PLDAX outperform in the future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
The People Pillar is our evaluation of the PLDAX 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 PLDAX’s parent organization’s priorities and whether they’re in line with investors’ interests.
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 112.0
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
2 Year Treasury Note Future June 26 | 79.79 | 4B | Government |
5 Year Treasury Note Future June 26 | 19.47 | 877M | Government |
Pimco Prv Short-Term Fltiv Nav(3346) | 17.04 | 767M | — |
3 Month Euribor Future Dec26 | 5.81 | 261M | Government |
U S TREASURY REPO | 5.55 | 250M | Cash and Equivalents |
RFR USD SOFR/3.75000 09/02/25-7Y* LCH Receive | 5.38 | 242M | Government |
RFR JPY MUTK/1.00000 03/18/26-2Y LCH Receive | 5.15 | 232M | Government |
Federal National Mortgage Association 6% | 4.82 | 217M | Securitized |
Federal National Mortgage Association 5% | 3.61 | 163M | Securitized |
Federal National Mortgage Association 6% | 3.46 | 156M | Securitized |
United States