PFIIX

About PFIIX

PIMCO Low Duration Income Fund Institutional Class is a mutual fund designed to maximize current income with a secondary emphasis on long-term capital appreciation. As a short-term bond portfolio, it primarily invests in a diversified mix of U.S. investment-grade fixed income securities across multiple sectors and typically maintains a portfolio duration between one and three and a half years. This shorter duration helps manage sensitivity to interest rate fluctuations, making the fund appealing to investors seeking lower volatility relative to long-term bond funds. The fund may also allocate up to 30% of its assets to high yield, below-investment-grade securities, broadening its opportunity set while maintaining risk controls. Managed by an experienced team, it leverages PIMCO’s extensive expertise in fixed income strategies, with notable exposure to government, securitized, and corporate bonds. The fund distributes income monthly and aims to provide a steady income stream while preserving capital, serving as a core fixed income allocation for institutional portfolios and investors seeking relative stability within their fixed income exposures.