PIMCO GIS Low Duration Income Fund(IE00BDT57R20)
- Fixed income
- Investment grade
- Short duration
- Global
- USD Cash
- Accumulating
The Fund seeks to achieve attractive income by actively managing and tapping into multiple areas of the global bond market, while maintaining relatively low interest rate exposure with a secondary goal of capital appreciation.
Invests in a diversified global portfolio of bonds with a managed duration band of 0 to 3 years, targeting multiple sources of income with low interest rate sensitivity. Prioritizes favorable risk-adjusted returns and downside protection rather than pursuing the highest available yield in the market.
Managed by a senior team comprising PIMCO Group CIO Dan Ivascyn, Alfred Murata, and Josh Anderson. The portfolio managers operate under a consensus-driven framework, supported by PIMCO's Global Investment Grade Credit Team. Investment decisions are underpinned by deep fundamental research from over 85 seasoned credit analysts organized by industry specialization.
Targets consistent outperformance against the benchmark by dynamically balancing income generation with capital preservation. The strategy aims to deliver attractive risk-adjusted returns over a full market cycle while maintaining a conservative volatility profile relative to longer-duration assets. Over the long term, the strategy has shown a strong performance profile relative to peers.
Employs a benchmark-agnostic approach that combines top-down macroeconomic views with bottom-up security selection to build a flexible portfolio. Allocates across diverse sources of high-quality yield, including off-benchmark sectors such as developed non-US debt, emerging market debt, and non-agency mortgages. Strategically utilizes derivatives to enhance yield potential and manage specific risk exposures in line with the firm's economic outlook.
Access to institutional share class with no trailer fees to achieve the lowest possible fees.
Serves as a conservative fixed income allocation for investors seeking income and capital appreciation with explicitly more limited exposure to interest rate risk. Acts as a flexible, low-duration component within a core bond portfolio, offering diversification through its multi-sector approach. Investors should note the fund's use of derivatives, as well as its exposure to off-benchmark holdings, which may result in performance deviations from more traditional short-term indices.
Daily data. Returns as of 08 Sep 2026.
| Year | Total | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
| 2026 | - | 0.4% | 0.6% | -1.2% | 0.9% | 0.6% | 0.4% | -0.4% | 0.5% | - | - | - | - |
| 2025 | 9.6% | 1.0% | 1.3% | 0.3% | 0.1% | 0.7% | 1.5% | 0.5% | 1.1% | 0.6% | 1.0% | 0.5% | 0.7% |
| 2024 | 6.8% | 0.7% | 0.3% | 1.2% | -0.7% | 1.3% | 0.3% | 1.6% | 0.6% | 1.0% | -0.7% | 1.3% | -0.2% |
| 2023 | 8.3% | 2.4% | -0.6% | 0.4% | 0.4% | 0.1% | 1.1% | 1.0% | 0.1% | -0.5% | -0.5% | 2.5% | 1.9% |
| 2022 | -3.8% | -0.8% | -0.9% | -0.9% | -1.8% | 0.1% | -2.7% | 2.7% | -0.2% | -2.6% | 0.3% | 2.5% | 0.6% |
| Load more | 5 of 9 | ||||||||||||
| 10 Year Treasury Note Future Sept 26 (2026-09-22 Maturity) | 11.42% |
| Federal National Mortgage Association 6% (2056-09-14 Maturity) | 8.09% |
| PIMCO US Dollar S/T Fl NAV Z USD Inc (2026-08-23 Maturity) | 7.92% |
| Federal National Mortgage Association 6.5% (2056-08-13 Maturity) | 7.49% |
| Federal National Mortgage Association 5% (2056-08-13 Maturity) | 7.02% |
| 5 Year Treasury Note Future Sept 26 (2026-10-01 Maturity) | 7.00% |
| Federal National Mortgage Association 5.5% (2056-08-13 Maturity) | 6.39% |
| Federal National Mortgage Association 4% (2056-09-14 Maturity) | 3.07% |
| Federal National Mortgage Association 4.5% (2056-08-13 Maturity) | 2.99% |
| Federal Home Loan Mortgage Corp. 5% (2056-01-01 Maturity) | 1.64% |
| Long Gilt Future Sept 26 (2026-09-29 Maturity) | 1.39% |
| CDX IG46 5Y ICE (2031-06-20 Maturity) | 1.30% |
| CDX HY46 5Y ICE (2031-06-20 Maturity) | 1.29% |
| Government National Mortgage Association 6% (2056-09-21 Maturity) | 1.19% |
| RFR GBP SONIO/3.50000 03/18/26-2Y LCH Receive (2028-03-18 Maturity) | 1.18% |
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