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PIMCO Low Duration Active Exchange-Traded Fund

NAV
$101.67
1 Day Return
$0.00  |   0.00%

As of 7/28/2015

Market Price
$101.65
1 Day Return
$-0.07  |   -0.07%

As of 7/28/2015

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 19 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 7/28/2015

Ticker LDUR
CUSIP 72201R718
Inception Date 1/22/2014
Shares Outstanding 1,730,000
Total Net Assets $175,892,242.99
Daily Trading Volume
(in shares)
971
Premium/Discount Average
(since inception)
0.07%
Premium/Discount as
of market close
-0.02%
Closing Price 101.70

As of 7/28/2015 4:00PM EST

Yield Information

Estimated Yield to Maturity 2.67%
SEC 30-Day Yield 1.86%

As of 7/28/2015

Unsubsidized SEC 30-Day Yield 1.78%

As of 6/30/2015

Distribution Yield 1.35%

As of 6/30/2015

Portfolio Information

Number of Holdings 304
Effective Maturity 1.81 Years
Effective Duration 1.32 Years

As of 7/28/2015

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 6/30/2015

As of 7/28/2015

Dividends and Distributions

Full distribution history

As of 7/28/2015

Top 10 Holdings

FIN FUT US 2YR CBT 09/30/15 24.02%
FIN FUT EURO$ CME (WHT) 12/14/15 15.26%
JAPAN FIN ORG MUNICIPAL 2.34%
LETRA TESOURO NACIONAL 1.64%
GOLDMAN SACHS GROUP INC 1.63%
VERIZON COMMUNICATIONS SR UNSEC 1.38%
FORD MOTOR CREDIT CO LLC UNSEC 1.36%
TESCO TREASURY SVCS PLC 4(2) DISC NT* 1.31%
ISRAELI SHEKEL 1.18%
KOREA NATIONAL OIL CORP SR UNSEC 1.17%

As of 6/30/2015

Quarterly Trading Characteristics

Average Volume
In Shares 5,331
In $ $541,442.68
Bid/Ask Spread
In % 0.34%
In $ $0.34
Fund Tickers
NAV Per Share LDUR.NV
Und. Trading Value LDUR.IV
Shares Outstanding LDUR.SO
Est. Cash LDUR.EU
Total Cash LDUR.TC