PIMCO California Short Duration Municipal Income Fund

Scorecard
1 / 5 Stars
Lipper
1 1 5 3 3
Zacks Investment Research
5 (Strong Sell)
Standard & Poor's
1 / 5 Stars
TheStreet.com
D+ (Sell)

#15 in Muni Single State Short

U.S. News evaluated 19 Muni Single State Short Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

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Performance

The fund has returned 0.90 percent over the past year, 0.23 percent over the past three years, and 0.84 percent over the past five years.

Trailing Returns Updated 06.30.2014
Year to date 0.4%
1 Year 0.9%
3 Years (Annualized) 0.2%
5 Years (Annualized) 0.8%
10 Years (Annualized) N/A

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Summary

The investment seeks maximum total return, consistent with preservation of capital and prudent investment management. The fund invests at least 80% of its assets in debt securities whose interest is, in the opinion of bond counsel for the issuer at the time of issuance, exempt from federal and California income tax. It may invest up to 10% of its total assets in junk bonds rated B or higher by Moody's, or equivalently rated by S&P or Fitch, or, if unrated, determined by PIMCO to be of comparable quality. The fund may invest in derivative instruments. It is non-diversified.

Fees

Fees are Below Average compared to funds in the same category.
PIMCO California Short Duration Municipal Income Fund has an expense ratio of 0.73 percent.

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Risk

Risk is Below Average compared to funds in the same category according to Morningstar.

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