Strategy Overview

PIMCO’s Government Money Market strategy is designed to maximize current income while preserving capital and providing daily liquidity. To meet these goals the strategy traditionally invests in short-term, high-quality fixed income securities issued by the U.S. Government or its Agencies. These include Treasury notes and bills, Agency debentures and discount notes, and repurchase agreements collateralized by these securities. The strategy’s objective is to consistently outperform its benchmark – the Citigroup 3-Month Treasury Bill Index – without taking excessive risk.

Applications for the Government Money Market Strategy

Investment Philosophy and Sources of Added Value

Risk Management/Controls

How To Invest

Related Strategies


Short Duration

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Past performance is not a guarantee or a reliable indicator of future results. Money market strategies are not insured or guaranteed by the FDIC or any other government agency and although they seek to preserve the value of your investment, it is possible to lose money by investing in the strategy. Investing in the bond market is subject to certain risks including market, interest-rate, issuer, credit, and inflation risk. Certain U.S. Government securities are backed by the full faith of the government, obligations of U.S. Government agencies and authorities are supported by varying degrees but are generally not backed by the full faith of the U.S. Government; portfolios that invest in such securities are not guaranteed and will fluctuate in value. The credit quality of a particular security or group of securities does not ensure the stability or safety of the overall portfolio. Diversification does not ensure against loss.

The Citigroup 3-Month Treasury Bill Index is an unmanaged index representing monthly return equivalents of yield average of the last three 3-Month Treasury Bills issues (excluding the current month-end bill). It is not possible to invest directly in an unmanaged index.

This material contains the current opinions of the manager and such opinions are subject to change without notice. This material has been distributed for informational purposes only and should not be considered as investment advice or a recommendation of any particular security, strategy or investment product.