LDUR

PIMCO Enhanced Low Duration Active Exchange-Traded Fund

$95.95
+0.00%
Market closed. Last update: 10:55 PM ET

📎 Investment Objective

The PIMCO Enhanced Low Duration Active Exchange-Traded Fund (LDUR) seeks to provide current income while maintaining a relatively short duration portfolio.

Overview

ETF tracking PIMCO Enhanced Low Duration Active Exchange-Traded Fund

Category Other
Issuer Other
Inception Date 2014-01-23
Market Cap $951.8M
Average Volume N/A
Dividend Yield 3.86%
52-Week Range $94.78 - $96.31
VWAP $95.98

Performance

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Investment Summary

📎 Investment Objective

The PIMCO Enhanced Low Duration Active Exchange-Traded Fund (LDUR) seeks to provide current income while maintaining a relatively short duration portfolio.

🎯 Investment Strategy

The fund invests primarily in a diversified portfolio of fixed-income instruments, including government, corporate, mortgage-backed, and other asset-backed securities. The portfolio manager uses active strategies to manage duration, sector allocation, and security selection to generate returns and manage risk.

✨ Key Features

  • Actively managed portfolio of short-duration fixed-income securities
  • Aims to provide current income with lower interest rate sensitivity than longer-duration bond funds
  • Diversified across government, corporate, and securitized debt sectors
  • Utilizes PIMCO's research and risk management expertise

⚠️ Primary Risks

  • Interest rate risk: The fund's value may decline due to rising interest rates
  • Credit risk: The fund is exposed to the risk of issuers defaulting on their debt obligations
  • Liquidity risk: Some holdings may be difficult to sell, especially during times of market stress
  • Active management risk: The fund's performance could trail that of passive index-based strategies

👤 Best For

The PIMCO Enhanced Low Duration Active ETF may be suitable for investors seeking current income and lower interest rate sensitivity than traditional bond funds, as part of a diversified fixed-income allocation. It may be particularly appropriate for investors with a shorter investment horizon or those looking to manage interest rate risk in their portfolio.