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PIMCO Low Duration Active Exchange-Traded Fund



NAV
$100.81
1 Day Return
$-0.03  |   -0.03%

As of 7/28/2016

Market Price
$100.96
1 Day Return
$-0.01  |   -0.01%

As of 7/28/2016

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.

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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. 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 20 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.

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Fund Information

As of 7/28/2016

Ticker LDUR
CUSIP 72201R718
Inception Date 1/22/2014
Shares Outstanding 580,000
Total Net Assets $58,468,788.47
Daily Trading Volume
(in shares)
5,180
Premium/Discount Average
(since inception)
0.07%
Premium/Discount as
of market close
0.15%
Closing Price 101.03

As of 7/28/2016 4:00PM EST

Yield Information

Estimated Yield to Maturity 1.60%
SEC 30-Day Yield 1.84%

As of 7/28/2016

Unsubsidized SEC 30-Day Yield 1.76%

As of 6/30/2016

Distribution Yield 2.07%

As of 6/30/2016

Portfolio Information

Number of Holdings 161
Effective Maturity 1.37 Years
Effective Duration 1.30 Years

As of 7/28/2016

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 1.32%

As of 6/30/2016

As of 7/28/2016

Dividends and Distributions

Full distribution history

As of 7/28/2016

Top 10 Holdings**

IRS USD R 3ML/1ML+12.5 06/21/19-20 CME 68.41%
U S TREASURY INFLATE PROT BD 6.24%
FIN FUT US 5YR CBT 09/30/16 2.91%
BANK OF AMERICA CORP NT MTN 1.86%
JAPAN TREASURY DISC BILL #623 1.80%
HEATHROW FUNDING LTD SR SEC 144A 1.80%
KINDER MORGAN FINANCE CO GTD 144A 1.77%
FIRSTENERGY CORP GLBL SR UNSEC 1.73%
GOLDMAN SACHS GROUP INC SR UNSEC 1.72%
KOREA LAND & HOUSING COR SR UNSEC 144A 1.72%

As of 6/30/2016

Quarterly Trading Characteristics

Average Volume
In Shares 5,559
In $ $555,300.18
Bid/Ask Spread
In % 0.27%
In $ $0.26
Fund Tickers
NAV Per Share LDUR.NV
Und. Trading Value LDUR.IV
Shares Outstanding LDUR.SO
Est. Cash LDUR.EU
Total Cash LDUR.TC