PIMCO Low Duration Fund (PTLDX)
PIMCO Low Duration Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Newport Beach, CA, US. The stock last traded at $9.22, up 0.00% on the session, giving a market capitalisation of $5.40B. Its beta of 0.26 implies it has historically moved less than the broad market.
The fund endeavors to achieve its financial objectives by typically committing no less than 65% of its total assets to a varied collection of debt instruments. These instruments possess diverse maturities and can be accessed via direct investments, forward agreements, or sophisticated derivatives such as options, futures contracts, and swap agreements. "Fixed Income Instruments" broadly refer to bonds, other forms of debt, and similar financial products originating from various public or private sector entities, located in both the U.S. and other countries.
PIMCO Low Duration Fund is most often compared with the following Financial Services names: