About PTLNX
PIMCO Low Duration Fund Class I-3 is an institutional mutual fund specializing in **short-term fixed income securities**. The fund's core objective is to achieve **maximum total return** while maintaining a focus on **capital preservation and prudent risk management**. It invests at least 65% of its total assets in a **diversified portfolio of bonds and debt instruments**—including U.S. and global corporate, government, mortgage-backed, and other investment-grade securities—with maturities typically ranging from one to three years, resulting in a portfolio duration that helps mitigate the risk of interest rate fluctuations.
A notable feature of the fund is its integration of **environmental, social, and governance (ESG) criteria** into the investment process. The fund excludes issuers engaged in certain sectors such as tobacco, gambling, coal production, and others, and actively engages with companies to encourage improved ESG practices. While it primarily invests in investment-grade debt, a small allocation to high-yield and foreign-denominated securities is allowed for enhanced diversification.
The PIMCO Low Duration Fund Class I-3 serves institutional investors seeking a **low-volatility, income-generating strategy with strong risk controls** and an ESG framework, making it attractive within the short-term bond segment for its balance of yield, risk management, and sustainability focus.
Fund Family PIMCO
Category Short-Term Bond
Stock Exchange NASDAQ
Ticker Symbol PTLNX
Share Class I-3
Index ICE BofA Treasury 1-3 Year TR
PTLNX had a total return of 4.96% in the past year, including dividends. Since the fund's
inception, the average annual return has been 4.99%.
