PIMCO 1-5 Year U.S. TIPS STPZ offers short-duration exposure to Treasury Inflation-Protected Securities at a relatively low price. Because TIPS are excluded from aggregate-bond indexes, TIPS funds work well as complementary Read more
By investing in TIPS, the fund provides protection against unexpected inflation.
Short-term TIPS have less sensitivity to interest rates and can provide better protection against inflation than long-term TIPS. Read more
If inflation rises slowly, the fund may underperform non-inflation-protected Treasuries. Read more