Morningstar

PIMCO Low Duration Fund Institutional Class PTLDX

Morningstar Medalist Rating
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Medalist Rating as of See PIMCO Investment Hub
  • NAV / 1-Day Return $9.08  /  0.00
  • Fund Size $4.4B
  • Adjusted Expense Ratio 0.460%
  • Net Expense Ratio 0.470%
  • Fee Level: Distribution Average
  • Share Class Type Institutional
  • Morningstar Category Short-Term Bond
  • Fixed-Income Style Box (Funds) Medium/Limited
  • Minimum Initial Investment $1M
  • Investment Status Open
  • TTM Yield 4.23%
  • Average Effective Duration 2.34 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis PTLDX

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

  • People Pillar

    The People Pillar is our evaluation of the PTLDX 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 PTLDX’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

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Portfolio Holdings PTLDX

More PTLDX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 118.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

2 Year Treasury Note Future Sept 26

90.76 4B
Government

5 Year Treasury Note Future Sept 26

20.21 911M
Government

Pimco Prv Short-Term Fltiv Nav(3346)

17.27 778M
—

Federal National Mortgage Association 6%

8.28 373M
Securitized

Federal National Mortgage Association 5%

6.47 292M
Securitized

3 Month Euribor Future Dec26

5.77 260M
Government

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

5.44 245M
Government

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

5.03 227M
Government

U S TREASURY REPO

3.78 170M
Cash and Equivalents

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

3.34 150M
Government

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