Pimco Short-Term's wide-ranging strategy comes with risk, but its skilled management team doesn't lose sight of its modest goals, protecting capital chief among them. While the team and process are among the industry's best, under our enhanced ratings methodology, which places increased emphasis on fees, the strategy's institutional shares earn a Morningstar Analyst of Rating of Silver, while its more expensive share classes earn Bronze and Neutral ratings.
PIMCO Short-Term Instl PTSHX
NAV / 1-Day Return
9.58
/
0.09
%
Total Assets
14.7 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
0.450%
Expense Ratio
0.470%
Fee Level
Above Average
Longest Manager Tenure
11.48
years
Category
Ultrashort Bond
Credit Quality / Interest Rate Sensitivity
Medium / LimitedMin. Initial Investment
1,000,000
Status
Open
TTM Yield
0.73%
Effective Duration
0.66
years
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will PTSHX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PTSHX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the PTSHX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of PTSHX’s parent organization’s priorities and whether they’re in line with investors’ interests.
A strong choice.
