Pimco Low Duration’s wariness toward credit and liquidity risk has served investors well in 2020’s panic-stricken market. Its managers have exercised sound judgment in implementing their risk-aware but flexible approach, which supports Morningstar Analyst Ratings ranging from Silver on its cheapest share classes to Neutral on its most expensive.
PIMCO Low Duration A PTLAX
NAV / 1-Day Return
9.95
/
0.11
%
Total Assets
8.5 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
0.750%
Expense Ratio
1.160%
Fee Level
Average
Longest Manager Tenure
6.43
years
Category
Short-Term Bond
Credit Quality / Interest Rate Sensitivity
—Min. Initial Investment
1,000
Status
Open
TTM Yield
1.30%
Effective Duration
1.57
years
Premium
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will PTLAX 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 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.
Prepared.
