PIMCO Short Asset Investment Fund

U.S. News evaluated 57 Ultrashort Bond 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 0.71 percent over the past year.

Trailing Returns Updated 06.30.2014
Year to date 0.4%
1 Year 0.7%
3 Years (Annualized) N/A
5 Years (Annualized) N/A
10 Years (Annualized) N/A

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Summary

The investment seeks maximum current income, consistent with daily liquidity. The fund invests normally at least 65% of its total assets in a diversified portfolio of Fixed Income Instruments of varying maturities, which may be represented by forwards or derivatives such as options, futures contracts or swap agreements. It invests primarily in investment grade debt securities rated Baa 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, without limitation, in derivative instruments, such as options, futures contracts or swap agreements.

Fees

Fees are Low compared to funds in the same category.
PIMCO Short Asset Investment Fund has an expense ratio of 0.59 percent.

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Risk

Risk is N/A compared to funds in the same category according to Morningstar.

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