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Morningstar

PIMCO Low Duration I2 PLDPX

Morningstar Medalist Rating
Medalist Rating as of | See PIMCO Investment Hub
  • NAV / 1-Day Return 9.03  /  0.04 %
  • Total Assets 5.9 Bil
  • Adj. Expense Ratio
    0.560%
  • Expense Ratio 0.580%
  • Distribution Fee Level High
  • Share Class Type Institutional
  • Category Short-Term Bond
  • Credit Quality / Interest Rate Sensitivity High / Limited
  • Min. Initial Investment 1,000,000
  • Status Open
  • TTM Yield 3.86%
  • Effective Duration 1.48 years

USD | NAV as of Sep 30, 2023 | 1-Day Return as of Sep 30, 2023, 12:17 AM GMT+0

Morningstar’s Analysis PLDPX

Will PLDPX 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 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.

Pimco showered this offering with more talent ahead of a comanager's retirement.‎

Director Eric Jacobson

Eric Jacobson

Director

Summary

Pimco added skilled veterans to the management teams for Pimco Low Duration and Pimco GIS Low Average ‎Duration shortly before comanager Scott Mather retired. We are reaffirming Morningstar Analyst ‎Ratings of Silver for the cheapest classes of both, while their more costly shares are rated Bronze and ‎Neutral.‎

by Eric Jacobson
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings PLDPX

More PLDPX Holdings
  • Current Portfolio Date
  • Equity Holdings 1
  • Bond Holdings 846
  • Other Holdings 161
  • % Assets in Top 10 Holdings 61.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Fin Fut Us 2Yr Cbt 09/29/23

56.43
3,512,692,020
Government

IRS NZD 4.00000 06/14/23-1Y (WHT) LCH Receive

13.95
868,677,101
Government

United States Treasury Notes 3.625%

9.84
612,668,521
Government

Cme Aput Sofr 3Mth 12/23 @ 96.75

7.66
476,531,144
Derivative

IRS NZD 4.50000 09/13/23-1Y (WHT) LCH Receive

5.51
342,848,067
Government

RFR JPY MUTK/0.00000 03/17/21-3Y LCH Receive

5.46
340,053,526
Government

Federal National Mortgage Association 5%

5.18
322,543,713
Securitized

BRITISH POUND STERLING Purchased

4.40
273,609,831
Derivative

Federal National Mortgage Association 4.5%

3.59
223,654,103
Securitized

U S TIPS REPO

3.56
221,800,000
Cash and Equivalents