Low Duration ESG Fund

PLDIX

Updated September 18, 2018

Objective

Seeks maximum total return, consistent with preservation of capital and prudent investment management

Primary Portfolio

Short- and intermediate-term fixed income securities with a concentration on socially conscious companies

Overview

Fund Overview

A conservative core bond investment designed to make an impact

Focused on shorter-term securities, the fund employs a core bond strategy incorporating PIMCO’s signature total return philosophy within a socially conscious framework; provides broad market exposure with lower sensitivity to interest rate movements; and proactively engages with issuers to achieve environmental-, social- and governance-related (ESG) objectives.

Why Invest In This Fund

Enhanced return and volatility profile

Focused on short- and intermediate-term fixed income securities with a concentration on socially conscious companies, the fund has a one- to three-year duration range, which typically offers a yield advantage over short-term bond funds. It also uses multiple value-added strategies in an effort to enhance returns and manage risk, an approach that has helped deliver solid results. Historically, the fund has provided steadier returns than intermediate- or long-term bond funds, although it may not generate the return potential of longer-term bonds..

Investing for sustainability and impact as well as returns

The fund seeks to encourage positive social change while using its time-tested investment process to deliver attractive long-term performance. PIMCO’s approach to sustainable investing integrates dedicated ESG research with a robust credit research process to identify relative value opportunities while optimizing the portfolio based on ESG-based criteria. This approach also seeks to actively engage with issuers with the goal of improving their ESG-related business practices.

Impressive long-term track record

Credit analysis and sector emphasis strategies have helped boost long-term returns and manage overall risk; the fund has delivered attractive returns since inception.

Our Expertise

The fund’s expert portfolio management team - Scott Mather, CIO U.S. Core Strategies, Mike Amey, head of PIMCO’s ESG strategies, and Jerome Schneider, head of the short-term and funding desk - is supported by the full spectrum of PIMCO’s global resources and our four decades of active bond management experience.

PRIMARY BENCHMARK

ICE BofAML 1-3 Year U.S. Treasury Index

PRIMARY BENCHMARK DESCRIPTION

The ICE BofAML 1-3 Year U.S. Treasury Index is an unmanaged index comprised of U.S. Treasury securities, other than inflation-protection securities and STRIPS, with at least $1 billion in outstanding face value and a remaining term to final maturity of at least one year and less than three years. It is not possible to invest directly in an unmanaged index.

DIVIDEND FREQUENCY

Monthly with Daily Accrual

SHARE CLASS INCEPTION

12/31/1996

CUSIP

693390858

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Managers

Scott A. Mather

CIO U.S. Core Strategies

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Mike Amey

Head of Sterling Portfolio Management and ESG Strategies

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Jerome M. Schneider

Head of Short-Term Portfolio Management

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Yields & Distributions

Historical Prices & Distributions