PIMCO Enhanced Low Duration Active… (LDUR) Performance
LDUR total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +1.5% since Dec 31, 2025
- 1 year
- +2.4% total return
- 5 years
- +2.5% a year
- 10 years
- +2.5% a year
- Since first price
- +2.5% a year since 2014
LDUR trailing returns vs AGG, TLT, SPY
| Period | LDUR total return | Price only | U.S. bonds (AGG) | 20+ yr Treasuries (TLT) | S&P 500 (SPY) |
|---|---|---|---|---|---|
| 1 month | +0.7% | +0.3% | +0.9% | +1.5% | −1.0% |
| 3 months | +0.4% | −0.7% | −0.4% | −1.0% | +3.2% |
| 6 months | +0.7% | −1.3% | −1.5% | −3.8% | +7.8% |
| YTD | +1.5% | −1.6% | −1.0% | −3.4% | +12.3% |
| 1 year | +2.4% | −1.7% | −1.1% | −6.9% | +14.4% |
| 3 years | +16.4%+5.2%/yr | +0.9% | +16.6%+5.2%/yr | +9.7%+3.1%/yr | +87.4%+23.3%/yr |
| 5 years | +13.4%+2.5%/yr | −6.9% | −0.8%−0.2%/yr | −32.5%−7.6%/yr | +79.3%+12.4%/yr |
| 10 years | +27.8%+2.5%/yr | −6.5% | +14.0%+1.3%/yr | −18.7%−2.0%/yr | +315.9%+15.3%/yr |
| Since inceptionJan 23, 2014 | +36.8%+2.5%/yr | −5.7% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: LDUR vs AGG
From Jan 23, 2014: LDUR grew to $13,680, AGG to $12,686.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
LDUR returns by calendar year
9 of 11 full years positive. Best 2025 (+5.8%), worst 2022 (−4.2%). 2026 is year to date.
LDUR annual returns table
| Year | LDUR | Largest drop | AGG | TLT | SPY |
|---|---|---|---|---|---|
| 2026YTD | +1.5% | −1.2% | −1.0% | −3.4% | +12.3% |
| 2025 | +5.8% | −1.2% | +7.2% | +4.3% | +17.7% |
| 2024 | +5.1% | −0.6% | +1.3% | −8.1% | +24.9% |
| 2023 | +5.6% | −1.2% | +5.7% | +2.8% | +26.2% |
| 2022 | −4.2% | −6.0% | −13.0% | −31.2% | −18.2% |
| 2021 | −0.5% | −1.0% | −1.8% | −4.6% | +28.7% |
| 2020 | +4.5% | −8.7% | +7.5% | +18.2% | +18.3% |
| 2019 | +4.3% | −0.6% | +8.5% | +14.1% | +31.2% |
| 2018 | +1.4% | −0.6% | +0.1% | −1.6% | −4.6% |
| 2017 | +2.1% | −0.6% | +3.6% | +9.2% | +21.7% |
| 2016 | +2.6% | −1.8% | +2.4% | +1.2% | +12.0% |
| 2015 | +2.3% | −1.0% | +0.5% | −1.8% | +1.2% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
LDUR largest drawdowns
Now 0.5% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Mar 9, 2020 | −8.7% | Mar 26, 2020 | Jun 25, 2020 | 17 days | 4 months |
| Oct 1, 2021 | −6.7% | Nov 8, 2022 | Dec 29, 2023 | 1.1 years | 2.2 years |
Declines from a closing high (distributions reinvested) of 5% or more. Underwater = time from the peak until the old high was regained.
LDUR risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2014 |
|---|---|---|---|---|
| Annualized return | +5.0% | +2.3% | +2.4% | +2.4% |
| Volatility (annualized) | 1.7% | 2.2% | 1.9% | 1.8% |
| Sharpe ratio | 0.34 | -0.64 | 0.07 | 0.36 |
| Sortino ratio | 0.52 | -0.76 | 0.10 | 0.50 |
| Best month | +2.0% | +2.0% | +2.0% | +2.0% |
| Worst month | −1.0% | −1.7% | −2.2% | −2.2% |
| Best 12 months | +8.1% | +8.1% | +8.1% | +8.1% |
| Worst 12 months | +2.1% | −5.9% | −5.9% | −5.9% |
| Positive months | 86% | 68% | 73% | 73% |
| Beta vs S&P 500 | 0.04 | 0.05 | 0.04 | — |
| Correlation with S&P 500 | 0.30 | 0.32 | 0.31 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
LDUR rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 142 | −5.9% | +2.6% | +8.1% | 88% |
| 3-year (a year) | 118 | −0.9% | +2.3% | +5.8% | 89% |
| 5-year (a year) | 94 | +0.8% | +2.2% | +3.1% | 100% |
| 10-year (a year) | 34 | +1.9% | +2.3% | +2.8% | 100% |
Every holding period starting at a month-end since 2014. Returns for 3 years and longer are annualized.
LDUR performance overview
PIMCO Enhanced Low Duration Active… (LDUR) returned +2.4% over the past year and +2.5% a year over ten years, with distributions reinvested. Since its first recorded price in 2014 it has returned +2.5% a year, turning $10,000 into about $13,680. Over the same year U.S. bonds (AGG) returned −1.1%.
The deepest decline was −8.7%, from Mar 9, 2020 to Mar 26, 2020, and it took 3 months to get back to the old high. LDUR finished 9 of its 11 full calendar years with a gain; the best year was 2025 (+5.8%) and the worst 2022 (−4.2%). Volatility has been 1.8% a year.
Related: LDUR chart, LDUR dividends, LDUR bond profile. See the LDUR overview for the latest quote and fund facts.
LDUR performance FAQ
What is the LDUR return over the past year?
LDUR returned +2.4% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 1.7%.
What is the average annual return of LDUR?
LDUR has returned +2.5% a year over 5 years, +2.5% a year over 10 years, +2.5% a year since January 23, 2014 (total return, distributions reinvested).
How much would $10,000 invested in LDUR be worth?
$10,000 invested in LDUR at its first recorded close on January 23, 2014 would be worth about $13,680 on October 23, 2026 with distributions reinvested.
What was the worst year for LDUR?
The worst calendar year was 2022, with a total return of −4.2%. The best was 2025 at +5.8%.
What is the biggest drawdown of LDUR?
The largest peak-to-trough decline was −8.7% between March 9, 2020 and March 26, 2020. It recovered to the old high on June 25, 2020, 3 months after the bottom.
How volatile is LDUR?
Over the past 3 years LDUR had an annualized volatility of 1.7% and a Sharpe ratio of 0.34 (excess return over 1–3 month T-bills per unit of risk).