PMDRX: PIMCO Moderate Duration Instl

Welcome to MutualFunds.com

Please help us personalize your experience and select the one that best describes you.

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission

We hope you enjoy your experience

Channels

Find the latest content and information here about the 2019 Charles Schwab Impact Conference.

Advisors

Receive email updates about fund flows, news, upcoming CE accredited webcasts from industry thought leaders and more.

Content focused on helping financial advisors build successful client relationships and grow their business.

Content geared towards helping financial advisors build better client portfolios.

Get insights on the industry trends and investment news from leading fund managers and experts.

PMDRX PIMCO Moderate Duration Instl


Profile

PMDRX - Profile

Vitals

  • YTD Return 1.2%
  • 3 Yr Annualized Return 1.0%
  • 5 Yr Annualized Return -0.1%
  • Net Assets $1.6 B
  • Holdings in Top 10 N/A

52 WEEK LOW AND HIGH

$10.47
$10.11
$10.70

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.60%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 392.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $1,000,000
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return 1.2%
  • 3 Yr Annualized Total Return 1.0%
  • 5 Yr Annualized Total Return -0.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.97%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    PIMCO Moderate Duration Fund
  • Fund Family Name
    PIMCO
  • Inception Date
    Dec 31, 1996
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Scott Mather

Fund Description

The fund invests at least 65% of its total assets in a diversified portfolio of Fixed Income Instruments of varying maturities, which may be represented by forwards or derivatives such as options, futures contracts, or swap agreements. It invests primarily in investment grade debt securities, but may invest up to 10% of its total assets in high yield securities. It may invest up to 30% of its total assets in securities denominated in foreign currencies, and may invest beyond this limit in U.S. dollar-denominated securities of foreign issuers.


Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.


Categories

Fund Company Quick Screens

PMDRX - Fund Company Quick Screens


Performance

PMDRX - Performance

Return Ranking - Trailing

Period PMDRX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.2% -21.0% 5.7% 24.80%
1 Yr 3.1% -22.3% 9.6% 43.64%
3 Yr 1.0%* -10.6% 4.7% 30.73%
5 Yr -0.1%* -8.7% 23.1% 32.72%
10 Yr -0.2%* -5.2% 11.8% 63.64%

* Annualized

Return Ranking - Calendar

Period PMDRX Return Category Return Low Category Return High Rank in Category (%)
2019 3.4% -1.3% 13.9% 79.15%
2018 -1.9% -10.3% 2.7% 17.56%
2017 1.5% -2.0% 8.1% 46.60%
2016 0.3% -8.5% 192.8% 61.71%
2015 -3.4% -12.2% -0.2% 47.20%

Total Return Ranking - Trailing

Period PMDRX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.2% -21.0% 5.7% 24.80%
1 Yr 3.1% -22.3% 9.6% 43.64%
3 Yr 1.0%* -10.6% 4.7% 45.83%
5 Yr -0.1%* -8.7% 27.3% 51.85%
10 Yr -0.2%* -5.2% 16.4% 86.36%

* Annualized

Total Return Ranking - Calendar

Period PMDRX Return Category Return Low Category Return High Rank in Category (%)
2019 3.4% -1.2% 13.9% 81.70%
2018 -1.9% -10.3% 3.9% 36.59%
2017 1.5% -1.5% 8.4% 55.50%
2016 0.3% -4.6% 204.3% 72.57%
2015 -3.4% -12.2% 3.7% 65.22%

NAV & Total Return History


Holdings

PMDRX - Holdings

Concentration Analysis

PMDRX Category Low Category High PMDRX % Rank
Net Assets 1.6 B 3.06 M 69.4 B 37.15%
Number of Holdings 868 5 7557 32.40%
Net Assets in Top 10 977 M 1.7 M 39.5 B 25.60%
Weighting of Top 10 N/A 5.9% 98.5% 1.91%

Top 10 Holdings

  1. 5 Year Treasury Note Future Mar 20 40.09%
  2. 10 Year Treasury Note Future Mar 20 22.63%
  3. Cdx Ig31 5y Ice 14.86%
  4. US Treasury Bond Future Mar 20 11.04%
  5. Fin Fut Eux Euro-Btp 03/06/20 8.07%
  6. Fin Fut Eur-Bund 10yr Eux 03/06/20 7.79%
  7. Pimco Fds 6.08%
  8. Federal National Mortgage Association 4% 6.04%
  9. Government National Mortgage Association 4% 5.97%
  10. 2 Year Treasury Note Future Mar 20 5.68%

Asset Allocation

Weighting Return Low Return High PMDRX % Rank
Bonds
136.37% 58.17% 167.18% 8.76%
Other
6.08% -23.25% 7.70% 4.40%
Convertible Bonds
3.86% 0.00% 6.52% 0.80%
Preferred Stocks
0.27% 0.00% 2.42% 17.20%
Stocks
0.00% -1.45% 15.11% 27.49%
Cash
-46.58% -74.25% 36.46% 93.20%

Bond Sector Breakdown

Weighting Return Low Return High PMDRX % Rank
Government
46.00% 0.00% 93.09% 6.80%
Securitized
20.26% 0.00% 91.34% 83.20%
Corporate
17.58% 0.00% 80.84% 74.00%
Cash & Equivalents
8.91% -28.66% 39.45% 24.00%
Derivative
7.26% -0.04% 29.60% 15.60%
Municipal
0.00% 0.00% 25.21% 72.80%

Bond Geographic Breakdown

Weighting Return Low Return High PMDRX % Rank
US
109.68% 29.48% 224.14% 10.00%
Non US
26.69% -165.97% 67.57% 16.40%

Expenses

PMDRX - Expenses

Operational Fees

PMDRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.60% 0.02% 37.25% 76.15%
Management Fee 0.46% 0.00% 0.96% 65.48%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.21% 0.03% 0.50% 72.97%

Sales Fees

PMDRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.50% 5.50% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

PMDRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.75% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

PMDRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 392.00% 7.12% 684.00% 87.76%

Distributions

PMDRX - Distributions

Dividend Yield Analysis

PMDRX Category Low Category High PMDRX % Rank
Dividend Yield 0.00% 0.00% 3.80% 34.39%

Dividend Distribution Analysis

PMDRX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annually Monthly Monthly

Net Income Ratio Analysis

PMDRX Category Low Category High PMDRX % Rank
Net Income Ratio 2.97% -0.35% 8.52% 36.67%

Capital Gain Distribution Analysis

PMDRX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

PMDRX - Fund Manager Analysis

Managers

Scott Mather


Start Date

Tenure

Tenure Rank

Sep 26, 2014

5.43

5.4%

Mr. Mather is CIO U.S. Core Strategies and a managing director in the Newport Beach office. He is a member of the Investment Committee and a generalist portfolio manager. Mr. Mather also oversees ESG portfolio integration in the U.S. Previously he was head of global portfolio management. Before that, he led portfolio management in Europe, managed euro and pan-European portfolios and worked closely with many Allianz-related companies. He also served as a managing director of Allianz Global Investors KAG. Prior to these roles, Mr. Mather co-headed PIMCO's mortgage- and asset-backed securities team. Prior to joining PIMCO in 1998, he was a fixed income trader specializing in mortgage-backed securities at Goldman Sachs in New York. He holds a master's degree in engineering, as well as undergraduate degrees, from the University of Pennsylvania.

Michael Cudzil


Start Date

Tenure

Tenure Rank

Jul 20, 2018

1.61

1.6%

Mr. Cudzil is a managing director in the Newport Beach office, a senior member of the liability-driven investment portfolio management team and a generalist portfolio manager. He has served as chair of the Americas Portfolio Committee, as a rotating member on the PIMCO Investment Committee and as co-head of the agency MBS portfolio management team. Prior to joining PIMCO in 2012, he worked as a managing director and head of pass-through trading at Nomura. Mr. Cudzil previously held similar roles at Bank of America and Lehman Brothers, as well as a senior trading position at Salomon Brothers. He has 23 years of investment experience and holds a bachelor's degree in political science from the University of Pennsylvania.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.13 27.18 5.58 5.43