PIMCO Extended Duration Fund Institutional Cl (PEDIX)
PIMCO Extended Duration Fund Institutional Cl operates in the Asset Management industry of the Financial Services sector, headquartered in Newport Beach, NY, US. The stock last traded at $11.03, down 0.27% on the session, giving a market capitalisation of $522.6M. Its beta of 3.50 implies it has historically moved more than the broad market.
This fund's primary strategy for achieving its financial goals involves allocating at least 65% of its total capital, under typical market conditions, to a broad range of fixed-income instruments with diverse maturity profiles. These holdings may also be represented through various derivative contracts, including forwards, options, futures, or swap agreements. Up to 30% of the fund's total assets can be invested in securities denominated in foreign currencies. However, it can surpass this 30% allocation limit when investing in U.S. dollar-denominated securities issued by foreign entities.
PIMCO Extended Duration Fund Institutional Cl is most often compared with the following Financial Services names: