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Trending ETFs

Name

As of 06/17/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$8.99

$320 M

3.59%

$0.32

0.52%

Vitals

YTD Return

1.6%

1 yr return

5.4%

3 Yr Avg Return

0.0%

5 Yr Avg Return

0.9%

Net Assets

$320 M

Holdings in Top 10

30.8%

52 WEEK LOW AND HIGH

$9.0
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.52%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 219.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$1,000,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 06/17/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$8.99

$320 M

3.59%

$0.32

0.52%

PLDIX - Profile

Distributions

  • YTD Total Return 1.6%
  • 3 Yr Annualized Total Return 0.0%
  • 5 Yr Annualized Total Return 0.9%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.84%
DIVIDENDS
  • Dividend Yield 3.6%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    PIMCO Low Duration ESG Fund
  • Fund Family Name
    PIMCOFUNDS
  • Inception Date
    Jan 07, 1999
  • Shares Outstanding
    N/A
  • Share Class
    Instl
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Jerome Schneider

Fund Description

The Fund seeks to achieve its investment objective by investing under normal circumstances at least 65% of its total assets in a diversified portfolio of Fixed Income Instruments of varying maturities, which may be represented by forwards or derivatives such as options, futures contracts, or swap agreements. “Fixed Income Instruments” include bonds, debt securities and other similar instruments issued by various U.S. and non-U.S. public- or private-sector entities. The average portfolio duration of this Fund normally varies from one to three years based on PIMCO’s market forecasts. Duration is a measure used to determine the sensitivity of a security’s price to changes in interest rates. The longer a security’s duration, the more sensitive it will be to changes in interest rates. The Fund will not invest in the securities of any non-governmental issuer determined by PIMCO to be engaged principally in the (1) manufacture of alcoholic beverages, tobacco products or military equipment, (2) operation of gambling casinos, (3) production or distribution of adult entertainment materials, (4) oil industry, including extraction, production, and refining or (5) production, distribution of coal and coal fired generation. Notwithstanding the restrictions set forth above, the Fund can invest in the securities of any issuer determined by PIMCO to be engaged principally in biofuel production, natural gas generation and sales and trading activities. The Fund may also invest in labeled green, sustainability, social and sustainability-linked bonds from issuers involved in fossil fuel-related sectors. Labeled bonds are those issues with proceeds specifically earmarked to be used for climate (often referred to as “green bonds”), environmental sustainability and/or social projects and, in the case of sustainability-linked bonds, bonds that include sustainability-linked covenants, as explained by the issuer through use of a framework and/or legal documentation. Labeled bonds are often verified by a third party, which certifies that the bond will or has been used to fund projects that include eligible benefits or, in the case of a sustainability-linked bond, that the bond includes sustainability-linked covenants. To the extent possible on the basis of information available to PIMCO, an issuer will be deemed to be principally engaged in an activity if it derives more than 10% of its gross revenues from such activities (or such more restrictive threshold or exclusionary screen (i.e., a lower gross revenue threshold), as may be determined by PIMCO from time to time).In analyzing whether an issuer meets any of the criteria described above, PIMCO may rely upon, among other things, information provided by an independent third party.The Fund may avoid investment in the securities of issuers whose business practices with respect to the environment, social responsibility, and governance (“ESG practices”) are not to PIMCO’s satisfaction. In determining the efficacy of an issuer’s ESG practices, PIMCO will use its own proprietary assessments of material ESG issues and may also reference standards as set forth by recognized global organizations such as entities sponsored by the United Nations, among others. Additionally, PIMCO may engage proactively with issuers to encourage them to improve their ESG practices. PIMCO’s activities in this respect may include, but are not limited to, direct dialogue with company management, such as through in-person meetings, phone calls, electronic communications, and letters. Through these engagement activities, PIMCO seeks to identify opportunities for a company to improve its ESG practices, and will endeavor to work collaboratively with company management to establish concrete objectives and to develop a plan for meeting these objectives. The Fund may invest in securities of issuers whose ESG practices are currently suboptimal, with the expectation that these practices may improve over time either as a result of PIMCO’s engagement efforts or through the company’s own initiatives. It may also exclude those issuers that are not receptive to PIMCO’s engagement efforts, as determined in PIMCO’s sole discretion.The Fund invests primarily in investment grade securities, but may invest up to 10% of its total assets in high yield securities (“junk bonds”), as rated by Moody’s Investors Service, Inc. (“Moody’s”), Standard & Poor’s Ratings Services (“S&P”) or Fitch, Inc. (“Fitch”), or, if unrated, as determined by PIMCO. In the event that ratings services assign different ratings to the same security. PIMCO will use the highest rating as the credit rating for that security. The Fund may invest up to 30% of its total assets in securities denominated in foreign currencies, and may invest beyond this limit in U.S. dollar-denominated securities of foreign issuers. The Fund will normally limit its foreign currency exposure (from non-U.S. dollar-denominated securities or currencies) to 20% of its total assets. The Fund may invest up to 10% of its total assets in securities and instruments that are economically tied to emerging market countries (this limitation does not apply to investment grade sovereign debt denominated in the local currency with less than 1 year remaining to maturity, which means the Fund may invest, together with any other investments denominated in foreign currencies, up to 30% of its total assets in such instruments).The Fund may invest, without limitation, in derivative instruments, such as options, futures contracts or swap agreements, or in mortgage- or asset-backed securities (issuers of which will not be treated as subject to the non-governmental issuer screens described herein), subject to applicable law and any other restrictions described in the Fund’s prospectus or Statement of Additional Information. The Fund may invest in derivatives, such as credit default swaps, on indexes of securities which may include exposure to issuers that the Fund is not permitted to invest in directly. The Fund may purchase or sell securities on a when-issued, delayed delivery or forward commitment basis and may engage in short sales. The Fund may, without limitation, seek to obtain market exposure to the securities in which it primarily invests by entering into a series of purchase and sale contracts or by using other investment techniques (such as buy backs or dollar rolls). The “total return” sought by the Fund consists of income earned on the Fund’s investments, plus capital appreciation, if any, which generally arises from decreases in interest rates, foreign currency appreciation, or improving credit fundamentals for a particular sector or security. The Fund may also invest up to 10% of its total assets in preferred securities.
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PLDIX - Performance

Return Ranking - Trailing

Period PLDIX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.6% -85.4% 12.9% 58.96%
1 Yr 5.4% -84.9% 23.7% 50.47%
3 Yr 0.0%* -47.2% 4.4% 71.13%
5 Yr 0.9%* -31.1% 4.8% 78.07%
10 Yr 1.1%* -19.2% 169.9% 75.00%

* Annualized

Return Ranking - Calendar

Period PLDIX Return Category Return Low Category Return High Rank in Category (%)
2023 1.7% -1.6% 7.6% 55.99%
2022 -7.7% -17.7% -2.6% 67.81%
2021 -1.4% -4.0% 4.4% 34.84%
2020 2.0% -7.1% 7.6% 43.06%
2019 1.7% -2.3% 9.3% 65.90%

Total Return Ranking - Trailing

Period PLDIX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.6% -85.4% 12.9% 58.96%
1 Yr 5.4% -84.9% 23.7% 50.47%
3 Yr 0.0%* -47.2% 4.4% 71.13%
5 Yr 0.9%* -31.1% 4.8% 78.07%
10 Yr 1.1%* -19.2% 169.9% 75.00%

* Annualized

Total Return Ranking - Calendar

Period PLDIX Return Category Return Low Category Return High Rank in Category (%)
2023 5.4% 1.8% 15.2% 58.80%
2022 -5.5% -17.3% -1.3% 64.38%
2021 -0.6% -2.7% 7.7% 70.08%
2020 3.5% -2.4% 14.5% 74.25%
2019 4.2% 0.6% 12.6% 68.61%

NAV & Total Return History


PLDIX - Holdings

Concentration Analysis

PLDIX Category Low Category High PLDIX % Rank
Net Assets 320 M 14.5 K 57.3 B 75.93%
Number of Holdings 348 2 9251 57.84%
Net Assets in Top 10 99.6 M 993 K 6.33 B 70.90%
Weighting of Top 10 30.82% 2.1% 103.0% 33.77%

Top 10 Holdings

  1. US TREASURY N/B 05/26 3.625 11.31%
  2. CITIGROUP REPO REPO 5807 6.65%
  3. FANNIE MAE NOTES 07/25 0.7 2.40%
  4. FREDDIE MAC NOTES 08/25 0.68 2.40%
  5. FNMA POOL CB6830 FN 07/53 FIXED 4.5 1.73%
  6. GOVERNMENT NATIONAL MORTGAGE A GNR 2022 H24 BF 1.33%
  7. FED HM LN PC POOL RJ0048 FR 10/53 FIXED 4.5 1.33%
  8. FNMA POOL CB3364 FN 04/52 FIXED 3 1.29%
  9. FREDDIE MAC NOTES 10/25 0.65 1.19%
  10. FREDDIE MAC NOTES 10/25 0.65 1.19%

Asset Allocation

Weighting Return Low Return High PLDIX % Rank
Bonds
83.67% 0.00% 131.18% 64.74%
Other
12.98% -0.97% 69.02% 31.53%
Cash
3.36% -20.59% 55.85% 44.78%
Convertible Bonds
2.85% 0.00% 27.71% 44.30%
Stocks
0.00% 0.00% 99.97% 79.66%
Preferred Stocks
0.00% 0.00% 22.27% 78.36%

Bond Sector Breakdown

Weighting Return Low Return High PLDIX % Rank
Government
31.30% 0.00% 73.63% 28.97%
Corporate
21.82% 0.00% 100.00% 77.57%
Securitized
15.14% 0.00% 97.27% 80.19%
Municipal
1.10% 0.00% 17.46% 13.64%
Derivative
0.14% -0.33% 28.01% 15.11%
Cash & Equivalents
0.00% 0.00% 55.85% 96.64%

Bond Geographic Breakdown

Weighting Return Low Return High PLDIX % Rank
US
78.61% 0.00% 130.36% 69.96%
Non US
5.06% 0.00% 82.77% 6.53%

PLDIX - Expenses

Operational Fees

PLDIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.52% 0.01% 3.24% 66.29%
Management Fee 0.50% 0.00% 1.19% 88.62%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.25% 0.01% 0.41% 94.09%

Sales Fees

PLDIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.50% 5.75% N/A
Deferred Load N/A 0.50% 4.00% N/A

Trading Fees

PLDIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

PLDIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 219.00% 2.00% 500.00% 84.47%

PLDIX - Distributions

Dividend Yield Analysis

PLDIX Category Low Category High PLDIX % Rank
Dividend Yield 3.59% 0.00% 11.11% 75.93%

Dividend Distribution Analysis

PLDIX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Quarterly Monthly Monthly

Net Income Ratio Analysis

PLDIX Category Low Category High PLDIX % Rank
Net Income Ratio 0.84% -1.27% 4.98% 69.27%

Capital Gain Distribution Analysis

PLDIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

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PLDIX - Fund Manager Analysis

Managers

Jerome Schneider


Start Date

Tenure

Tenure Rank

Sep 26, 2014

7.68

7.7%

Managing Director, PIMCO. Mr. Schneider joined PIMCO in 2008. Prior to joining PIMCO, he served as Senior Managing Director with Bear Stearns, specializing in credit and mortgage-related funding transactions. Mr. Schneider joined Bear Stearns in 1995. He has 24 years of investment experience and holds an undergraduate degree in economics and international relations from the University of Pennsylvania and an MBA from the Stern School of Business at New York University.

Scott Mather


Start Date

Tenure

Tenure Rank

Sep 26, 2014

7.68

7.7%

Mr. Mather is CIO U.S. Core Strategies and a managing director in the Newport Beach office. He is a member of the Investment Committee and a generalist portfolio manager. Mr. Mather also oversees ESG portfolio integration in the U.S. Previously he was head of global portfolio management. Before that, he led portfolio management in Europe, managed euro and pan-European portfolios and worked closely with many Allianz-related companies. He also served as a managing director of Allianz Global Investors KAG. Prior to these roles, Mr. Mather co-headed PIMCO's mortgage- and asset-backed securities team. Prior to joining PIMCO in 1998, he was a fixed income trader specializing in mortgage-backed securities at Goldman Sachs in New York. He holds a master's degree in engineering, as well as undergraduate degrees, from the University of Pennsylvania.

Jelle Brons


Start Date

Tenure

Tenure Rank

Apr 01, 2019

3.17

3.2%

Mr. Brons is a portfolio manager on the global corporate bond team. Prior to joining PIMCO in 2005, Mr. Brons worked at UBS Investment Bank in the credit fixed income department, initially in credit sales and then with the team responsible for CreditDelta, a credit market and portfolio analysis tool. He has investment experience since 2002 and holds a master's degree in actuarial science and econometrics from the University of Amsterdam and a master's degree in financial engineering and quantitative analysis from the ICMA Business School at the University of Reading. He is a Certified Financial Risk Manager (FRM).

Tenure Analysis

Category Low Category High Category Average Category Mode
0.07 28.77 6.16 2.41