Pimco Short-Term's wide-ranging strategy comes with risk, but its skilled management team doesn't lose sight of its modest goals, protecting capital chief among them. While the team and process are among the industry's best, under our enhanced ratings methodology, which places increased emphasis on fees, the strategy's institutional shares earn a Morningstar Analyst of Rating of Silver, while its more expensive share classes earn Bronze and Neutral ratings.
Will PTSNX 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 PTSNX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the PTSNX 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 PTSNX’s parent organization’s priorities and whether they’re in line with investors’ interests.