PANDX is a mutual fund that falls under the PIMCO Short Asset Investment Fund Class I-3. This fund is designed to provide investors with a short-term investment option that focuses on preserving capital and generating income. It primarily invests in a diversified portfolio of fixed-income securities, including government and corporate bonds, mortgage-backed securities, and other debt instruments. PANDX aims to provide a stable and low-risk investment option for investors seeking short-term returns.