Morningstar

PIMCO Low Duration Fund Class I-2 PLDPX

Morningstar Medalist Rating
Medalist Rating as of | See PIMCO Investment Hub
  • NAV / 1-Day Return 9.07  /  +0.11 %
  • Total Assets 4.6B
  • Adj. Expense Ratio
    0.560%
  • Expense Ratio 0.570%
  • 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 4.12%
  • Effective Duration 1.97 years

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

Morningstar’s Analysis PLDPX

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

  • People Pillar

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

An appealing option for more-cautious investors.

Senior Principal Mara Dobrescu

Mara Dobrescu

Senior Principal

Summary

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.

by Mara Dobrescu
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings PLDPX

More PLDPX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 118.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

2 Year Treasury Note Future Sept 26

90.76 4B
Government

5 Year Treasury Note Future Sept 26

20.21 911M
Government

Pimco Prv Short-Term Fltiv Nav(3346)

17.27 778M
—

Federal National Mortgage Association 6%

8.28 373M
Securitized

Federal National Mortgage Association 5%

6.47 292M
Securitized

3 Month Euribor Future Dec26

5.77 260M
Government

RFR USD SOFR/3.75000 09/02/25-7Y* LCH Receive

5.44 245M
Government

RFR JPY MUTK/1.00000 03/18/26-2Y LCH Receive

5.03 227M
Government

U S TREASURY REPO

3.78 170M
Cash and Equivalents

RFR USD SOFR/2.15000 06/15/22-5Y LCH Receive

3.34 150M
Government

Sponsor Center