PIMCO Short-Term Floating NAV Portfolio II

PIMCO FUNDS · Series S000025613

$10.49B NAV
383 positions · as of 2026-06-30 · filed 2026-08-31
data updated 2026-09-08

Fund profile

This fund files no prospectus profile. Unit investment trusts and closed-end funds register on forms that carry no objective or fee tagging, and some fund families file without it — a gap in what was filed, not a fund without an objective or without fees.

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q2

100.04%
of net assets
Cash & short-term69.97%
Bonds28.45%
Securitized1.62%

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 231 new125 exited

Largest new: BofA Securities, Inc., Bank of New York Mellon, United States Treasury, Banco Bilbao Vizcaya Argentaria Colombia SA, BNP Paribas SA, Wells Fargo Securities LLC, Deutsche Bank Securities, Inc., TOYOTA MOTOR CREDIT CORP

Largest exited: JP MORGAN CHASE & CO, EUROPEAN BANK FOR RECONSTRUCTION & DEVELOPMENT (EBRD), CROWN CASTLE INTERNATIONAL CORP (CCI), CBRE SERVICES INC (AKA: CB RICHARD ELLIS SERVICES INC), GLENCORE FUNDING LLC, GOLDMAN SACHS BANK USA/NEW YORK BRANCH, TOYOTA MOTOR CREDIT CORPORATION, AIR LEASE CORPORATION

Return profile

Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026

1-year
+4.19%
3-year
+15.61%
5-year
+19.35%
Volatility
0.13%
Worst 3-yr fall
0.00%
Cumulative return· Jul 2023 – Apr 2026

May 2026 and Jun 2026 have been filed since the trailing figures were struck, so they are not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.

Debt profile

What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-06-30

Avg coupon
3.87%
Avg maturity
0.65 yr
Coupon type

Share of the fund's debt by how its coupon behaves — the fact that decides whether a rate move reaches this portfolio at all.

53%
floating
Floating rate53.5%
Fixed rate46.2%
Zero-coupon or unclassified0.4%
Maturity ladder

Share of the fund's debt value in each maturity band, shortest first.

<1y1-3y
<1y76.6%
1-3y23.4%
Flagged holdings
Defaulted: none reported
In arrears: none reported
Paid in kind: none reported

Based on what filers reported; a filer that never reported a flag also reads as none.

Risk profile

Interest-rate and credit-spread sensitivity, both in years · as of 2026Q2

More of this fund’s sensitivity sits in credit spreads than in interest rates — a rate rally that comes with a credit selloff works against it.

Interest-rate duration
0.10 yr
approx. move per 100bp
Credit-spread duration
0.12 yr
approx. move per 100bp
If rates and spreads both rise 100bp

Where the loss would come from. The two shocks are the same size, so this is the balance of the fund's two sensitivities rather than a bet on one moving more.

≈ 0%
of value
Credit spreads54%
Interest rates46%

Filers report the impact of a 0.01% move only, so the total is our own scaling of that one number and overstates the loss on most bonds — read it as approximate, never as precise. The two sensitivities overlap rather than add up: they measure the same positions against different shocks, which is why the durations above are shown side by side and never summed.

Credit risk by quality

Share of the fund's spread duration carried by each credit tier.

+0.12
yrs total
Investment grade+0.11 yr
High yield+0.00 yr
Where the risk sits on the curve

Share of duration at each point, shortest first. This filer signs its rate and credit disclosures differently; the direction shown follows its interest-rate filing, and a negative reading is the least-supported figure here.

Interest rate0.10 yr total
3 mo30 yr
3 mo0.07 yr67%
1 yr0.03 yr32%
5 yr0.00 yr0%
10 yr0.00 yr0%
30 yr0.00 yr0%
Credit spread0.12 yr total
3 mo5 yr
3 mo0.05 yr46%
1 yr0.06 yr53%
5 yr0.00 yr1%

The two bands measure the same positions against different shocks and do not add — a Treasury carries rate duration and no spread duration, a floating-rate credit the reverse. Rate tenors are also summed across every currency the fund discloses.

Show the numbers
TenorRate yrsIG yrsHY yrsIG $/bpHY $/bp
3 mo+0.07+0.05+0.00$55.1k$572
1 yr+0.03+0.06+0.00$64.2k$76
5 yr+0.00+0.00+0.00$1.1k$0
10 yr+0.00+0.00+0.00$0$0
30 yr+0.00+0.00+0.00$0$0

Dollar change per 1bp of spread movement, as filed and sign-anchored. A blank cell was not filed; a zero was.

Holdings

By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page

Issuer%NAVValue
BofA Securities, Inc.49.05%$5.15B
United States Treasury10.19%$1.07B
FEDERAL HOME LOAN BANK3.80% floating · due 2027-10-051.09%$114.04M
AERCAP IRELAND CAP/GLOBA2.45% · due 2026-10-290.73%$76.75M
United States Treasury3.72% floating · due 2027-01-310.67%$70.72M
TOYOTA MOTOR CREDIT CORP3.92% floating · due 2027-02-120.65%$68.00M
NOMURA HOLDINGS INC1.65% · due 2026-07-140.55%$57.35M
ATHENE GLOBAL FUNDING4.38% floating · due 2026-07-160.52%$54.91M
ATHENE GLOBAL FUNDING4.69% floating · due 2026-08-270.51%$53.16M
EXPORT DEVELOPMNT CANADA3.85% floating · due 2026-08-130.48%$50.01M
Showing 10 of 383Sign in to see more

Top 10 positions are 64.44% of net assets, top 25 70.17%, across 212 issuers.

See more of this fund's book

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