PSDPX Fees and Costs — PIMCO Short Duration Municipal Income Fund, Class I-2
Data updated: 2026-08-31
The net expense ratio is 0.43%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $54 in broker commissions, and portfolio turnover was 41%.
PSDPX Fees and Expenses
Annual operating expenses and sales charges of PSDPX. Prospectus, as of March 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.43% |
| 12b-1 fee | — |
| Other expenses | — |
| Gross expense ratio | 0.43% |
| Fee waiver | — |
| Net expense ratio | 0.43% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
PSDPX Costs Over Time
On $10,000 invested in PSDPX, assuming 5% a year before costs, total costs come to $272 over 5 years, cutting the return by 0.45% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.43%) | $45 | $142 | $247 |
| Lost growth on money paid in costs | $0 | $7 | $25 |
| Total costs | $45 | $149 | $272 |
| Value after costs | $10,455 | $11,428 | $12,491 |
| Impact on return, per year | 0.45% | 0.45% | 0.45% |
PSDPX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: $54
- Bought from dealers (principal trades, not a cost): $1.3B
- Portfolio turnover (prospectus): 41%
- Securities lending: none during the year
PSDPX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BGC Financial, L.P. | $54 | 100.00% |
PSDPX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Pacific Investment Management Company LLC | $711.5M | 59.70% |
| State Street Bank and Trust Company | $131.5M | 11.03% |
| J.P. Morgan Securities LLC | $115.1M | 9.66% |
| BofA Securities, Inc. | $57.6M | 4.83% |
| Barclays Capital Inc. | $53.9M | 4.52% |
| Morgan Stanley & Co. LLC | $40.2M | 3.37% |
| BNY Capital Markets, LLC | $27.3M | 2.29% |
| Stifel, Nicolaus & Company, Incorporated | $22.0M | 1.84% |
| Raymond James & Associates, Inc. | $16.9M | 1.42% |
| Wells Fargo Securities, LLC | $15.9M | 1.33% |
PIMCO Short Duration Municipal Income Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| PSDIX | Institutional Class | 0.33% | none |
| PSDPX | Class I-2 | 0.43% | none |
| PSDUX | Class I-3 | 0.48% | none |
| PSDAX | Class A | 0.73% | 2.25% |
| PSDCX | Class C | 1.03% | none |
| PCCMX | Class C-2 | 1.23% | none |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.