PFIAX

About PFIAX

PIMCO Low Duration Income Fund Class A is a mutual fund specializing in a multi-sector approach to fixed income investing. Its primary objective is to maximize current income, with long-term capital appreciation as a secondary goal. The fund predominantly invests at least 65% of its assets in a diversified portfolio of fixed income securities with varying maturities, utilizing instruments such as bonds, options, futures contracts, and swap agreements. Up to 30% of the portfolio may be allocated to high-yield securities rated below investment grade, broadening its exposure to different credit qualities. The fund is recognized for maintaining a short average duration—recently around two years—helping manage interest rate sensitivity while targeting attractive risk-adjusted yields. It pays dividends monthly and is managed by PIMCO, an industry leader in fixed income management. The fund plays a significant role in the short-term bond category, appealing to investors seeking regular income with moderate interest rate and credit risk exposure, backed by a portfolio spanning government, securitized, and corporate debt instruments.