PIMCO Low Duration Fund Class I-3 (PTLNX)

The PIMCO Low Duration Fund Class I-3 (PTLNX) is a mutual fund that focuses on investing in fixed-income securities with short-term maturities. This fund aims to provide investors with a low duration portfolio, meaning it has a lower sensitivity to interest rate changes compared to other bond funds. The Class I-3 shares are typically offered to institutional investors and have a lower expense ratio compared to other share classes. This fund is managed by PIMCO, a global investment management firm known for its expertise in fixed-income investments.