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.
Will PTLAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
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.
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.
The Parent Pillar is our rating of PTLAX’s parent organization’s priorities and whether they’re in line with investors’ interests.