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Morningstar

PIA MBS Bond PMTGX

Morningstar Medalist Rating
Medalist Rating as of | See Pacific Income Advisers (PIA) Investment Hub
  • NAV / 1-Day Return 8.19  /  0.37 %
  • Total Assets 86.7 Mil
  • Adj. Expense Ratio
    0.230%
  • Expense Ratio 0.230%
  • Distribution Fee Level Below Average
  • Share Class Type No Load
  • Category Intermediate Government
  • Credit Quality / Interest Rate Sensitivity High / Moderate
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 3.40%
  • Effective Duration 6.40 years

USD | NAV as of Dec 06, 2023 | 1-Day Return as of Dec 06, 2023, 11:15 PM GMT+0

Morningstar’s Analysis PMTGX

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

People Pillar

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

A decline in its Process Pillar rating is the primary driver of PIA MBS Bond's downgrade to a Morningstar Medalist Rating of Silver from Gold.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a sizable cost advantage over competitors, priced within the least expensive fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings PMTGX

More PMTGX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 98
  • Other Holdings 2
  • % Assets in Top 10 Holdings 22.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Bills 0%

5.33
4,410,049
Government

Federal National Mortgage Association 2.5%

2.54
2,099,247
Securitized

Federal National Mortgage Association

2.34
1,934,219
Securitized

Fnma Pass-Thru I 5.5%

2.29
1,894,895
Securitized

Federal National Mortgage Association 5%

2.24
1,854,818
Securitized

Federal National Mortgage Association 4.5%

2.21
1,825,606
Securitized

Federal National Mortgage Association 4.5%

2.18
1,805,417
Securitized

Fnma Pass-Thru I 4.5%

2.18
1,802,896
Securitized

Government National Mortgage Association 4%

2.13
1,762,253
Securitized

Federal Home Loan Mortgage Corporation 3.5%

2.06
1,703,820
Securitized