Loading...
Please Wait...

PIMCO Low Duration Active Exchange-Traded Fund



NAV
$100.24
1 Day Return
$0.04  |   0.04%

As of 12/6/2016

Market Price
$100.30
1 Day Return
$0.02  |   0.02%

As of 12/6/2016

Fund Description

The PIMCO Low Duration Active Exchange-Traded Fund (Ticker: LDUR) is a diversified portfolio of high quality bonds that is actively managed in an effort to limit interest rate exposure while maximizing returns in a risk-controlled framework. The fund offers a conservative core bond strategy that is designed to capitalize on opportunities across multiple sectors of the fixed income market. The average portfolio duration normally is between 1 and 3 years.

Read more

Portfolio Management


Jerome M. Schneider

Jerome M. Schneider
Mr. Schneider is a managing director in the Newport Beach office and head of the short-term and funding desk. Morningstar named him Fixed-Income Fund Manager of the Year (U.S.) for 2015. Prior to joining PIMCO in 2008, Mr. Schneider was a senior managing director with Bear Stearns. There he most recently specialized in credit and mortgage-related funding transactions and helped develop one of the first "repo" conduit financing companies. Additionally, during his tenure at Bear Stearns he held various positions on the municipal and fixed income derivatives trading desks. He has 21 years of investment experience and holds an undergraduate degree in economics and international relations from the University of Pennsylvania and an MBA from the Stern School of Business at New York University.

Read more

Fund Information

As of 12/6/2016

Ticker LDUR
CUSIP 72201R718
Inception Date 1/22/2014
Shares Outstanding 730,000
Total Net Assets $73,172,664.92
Daily Trading Volume
(in shares)
5,227
Premium/Discount Average
(since inception)
0.07%
Premium/Discount as
of market close
0.06%
Closing Price 100.13

As of 12/6/2016 8:00PM EST

Yield Information

Estimated Yield to Maturity 2.68%
SEC 30-Day Yield 2.06%

As of 12/6/2016

Unsubsidized SEC 30-Day Yield 1.95%

As of 11/30/2016

Distribution Yield 1.82%

As of 11/30/2016

Portfolio Information

Number of Holdings 202
Effective Maturity 1.55 Years
Effective Duration 2.02 Years

As of 12/6/2016

Full Performance & Risk

Index Information

Index
BofA Merrill Lynch 1-3 Year U.S. Treasury Index
Index Description

The BofA Merrill Lynch 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.
Index Ticker G1O2
Inception Date 12/31/1975
Rebalancing Frequency Monthly
Annualized Volatility 1.31%

As of 11/30/2016

As of 12/6/2016

Dividends and Distributions

Full distribution history

As of 12/6/2016

Top 10 Exposures**

IRS USD R 3ML/1ML+12.5 06/21/19-20 CME 69.68%
U S TREASURY NOTE 25.49%
FIN FUT AUS 3YR BOND SFE 12/15/16 4.33%
IRS MXN 5.79750 09/12/16-5Y* CME 3.98%
FIN FUT US 2YR CBT 03/31/17 -5.04%
CDX HY27 5Y -6.05%
FIN FUT EURO$ CME (BLU) 12/16/19 -11.36%
FIN FUT US 5YR CBT 03/31/17 -11.76%
CDX IG26 5Y -13.19%
U S TREASURY REV REPO -25.48%

As of 9/30/2016

Quarterly Trading Characteristics

Average Volume
In Shares 4,641
In $ $467,306.70
Bid/Ask Spread
In % 0.18%
In $ $0.17
Fund Tickers
NAV Per Share LDUR.NV
Und. Trading Value LDUR.IV
Shares Outstanding LDUR.SO
Est. Cash LDUR.EU
Total Cash LDUR.TC