Morningstar

PIMCO Low Duration Fund Class A PTLAX

Morningstar Medalist Rating
Unlock
Medalist Rating as of See PIMCO Investment Hub
  • NAV / 1-Day Return$9.09  /  −0.22%
  • Fund Size$4.5B
  • Adjusted Expense Ratio0.750%
  • Net Expense Ratio0.760%
  • Fee Level: DistributionAbove Average
  • Share Class TypeFront Load
  • Morningstar CategoryShort-Term Bond
  • Fixed-Income Style Box (Funds)Medium/Limited
  • Minimum Initial Investment$1,000
  • Investment StatusOpen
  • TTM Yield3.88%
  • Average Effective Duration2.34 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis PTLAX

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

  • People Pillar

    The People Pillar is our evaluation of the PTLAX 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 PTLAX’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 PTLAX

More PTLAX Holdings
  • Current Portfolio Date
  • Equity Holdings—
  • Bond Holdings—
  • Other Holdings—
  • % Assets in Top 10 Holdings118.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

2 Year Treasury Note Future Sept 26

90.764B
Government

5 Year Treasury Note Future Sept 26

20.21911M
Government

Pimco Prv Short-Term Fltiv Nav(3346)

17.27778M
—

Federal National Mortgage Association 6%

8.28373M
Securitized

Federal National Mortgage Association 5%

6.47292M
Securitized

3 Month Euribor Future Dec26

5.77260M
Government

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

5.44245M
Government

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

5.03227M
Government

U S TREASURY REPO

3.78170M
Cash and Equivalents

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

3.34150M
Government

Sponsor Center

Site Index
United States Flag United States

© Copyright 2026 Morningstar, Inc. All rights reserved. Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index (Market Barometer) quotes are real-time.