Morningstar

PIMCO Short-Term Fund Class I-2 PTSPX

Morningstar Medalist Rating
Medalist Rating as of | See PIMCO Investment Hub
  • NAV / 1-Day Return 9.71  /  −0.10 %
  • Total Assets 10.6B
  • Adj. Expense Ratio
    0.550%
  • Expense Ratio 0.630%
  • Distribution Fee Level High
  • Share Class Type Institutional
  • Category Ultrashort Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Limited
  • Min. Initial Investment 1M
  • Status Open
  • TTM Yield 4.26%
  • Effective Duration 0.22 years

USD | NAV as of Aug 19, 2026 | 1-Day Return as of Aug 19, 2026, 12:25 AM GMT+0

Morningstar’s Analysis PTSPX

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

  • People Pillar

    The People Pillar is our evaluation of the PTSPX 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 PTSPX’s parent organization’s priorities and whether they’re in line with investors’ interests.

An ultrashort bond standout.

Principal Paul Olmsted

Paul Olmsted

Principal

Summary

Pimco Short-Term is in every respect a standout choice among ultrashort bond peers. The broadest of Pimco's ultrashort strategies, this review includes Pimco Short-Term and non-US-domiciled Pimco GIS US Short-Term.

by Paul Olmsted
Rated on Published on

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Portfolio Holdings PTSPX

More PTSPX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 30.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

2 Year Treasury Note Future June 26

25.57 3B
Government

United States Treasury Bills 0%

18.00 2B
Government

3 Month Euribor Future Dec26

9.72 1B
Government

Three Month Sonia Mar27

9.46 986M
Government

United States Treasury Bills 0%

8.92 930M
Government

3 Month SOFR Future Dec 27

8.20 855M
Government

RFR USD SOFR/3.65000 09/11/26-1Y LCH Receive

6.14 641M
Government

RFR USD SOFR/3.32500 07/06/26-4Y* LCH Receive

5.59 583M
Government

3 Year Australian Treasury Bond Future June 26

5.21 543M
Government

Pimco Prv Short-Term Fltiv Nav(3346)

4.59 479M
Cash and Equivalents

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