PFNIX

About PFNIX

PIMCO Low Duration Income Fund Class I-3 is an institutional share class of an open-end mutual fund specializing in short-duration fixed income investments. Its primary objective is to generate current income, with long-term capital appreciation as a secondary goal. The fund achieves this by allocating at least 65% of its total assets to a diverse, multi-sector portfolio of fixed income securities, including U.S. government bonds, mortgage-backed securities, and investment-grade corporate debt. This approach offers exposure to a wide array of credit sectors while maintaining a relatively short effective duration—recently around 1.6 years—helping to limit interest rate sensitivity and volatility in comparison to longer-term bond funds. The fund is notable for its active management strategy, robust team, and focus on risk-adjusted returns. Its portfolio’s composition can change frequently as managers adjust exposures in response to evolving market conditions. With substantial assets under management and a foundation from one of the world’s most recognized fixed income managers, the fund is designed to play a stabilizing role in diversified portfolios, offering a combination of liquidity and modest yield in the short-term bond category.