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Name

As of 11/21/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

PIMCO Senior Loan Active Exchange-Traded Fund

LONZ | Active ETF

$51.43

$383 M

10.75%

$5.52

0.74%

Vitals

YTD Return

8.7%

1 yr return

10.7%

3 Yr Avg Return

N/A

5 Yr Avg Return

N/A

Net Assets

$383 M

Holdings in Top 10

43.7%

52 WEEK LOW AND HIGH

$51.4
$49.92
$51.46

Expenses

OPERATING FEES

Expense Ratio 0.74%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A

Min Investment

Standard (Taxable)

N/A

IRA

N/A

Fund Classification

Fund Type

Exchange Traded Fund

Name

As of 11/21/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

PIMCO Senior Loan Active Exchange-Traded Fund

LONZ | Active ETF

$51.43

$383 M

10.75%

$5.52

0.74%

LONZ - Profile

Distributions

  • YTD Total Return 8.7%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio N/A
DIVIDENDS
  • Dividend Yield 10.8%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    PIMCO Senior Loan Active Exchange-Traded Fund
  • Fund Family Name
    PIMCOFUNDS
  • Inception Date
    Jun 08, 2022
  • Shares Outstanding
    N/A
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US

Fund Description

The Fund seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its assets in a diversified portfolio of Senior Loans, which may be represented by forwards or derivatives such as options, futures contracts or swap agreements. “Senior Loans” include senior secured floating rate bank loans, also referred to as leveraged loans, bank loans and floating rate loans, that are first or second lien loans. The Fund may also invest in collateralized loan obligations and high-yield corporate debt securities, which may also be represented by forwards or derivatives such as options, futures contracts or swap agreements.A Senior Loan holds a senior position in the issuer’s capital structure and is typically secured by collateral such that, under normal circumstances, holders (such as the Fund) enjoy a priority claim to some or all of the issuer’s assets in the event of default as compared to other creditors of the issuer. Floating rate bank loans generally pay interest at rates that adjust whenever a specified interest rate changes and/or reset on predetermined dates (such as the last day of a month or calendar quarter).The Fund may invest, without limitation, in high yield securities (“junk bonds”) rated below investment grade by Moody’s Investors Services, Inc. (“Moody’s”), or equivalently rated by Standard & Poor’s Rating Services (“S&P”) or Fitch Ratings, Inc. (“Fitch”), or if, unrated, determined by PIMCO to be of comparable quality. In the event that ratings services assign different ratings to the same security, PIMCO will use the highest rating as the credit rating for that security. The Fund may also invest up to 20% of its total assets in securities denominated in foreign currencies. The Fund may invest without limit in U.S. dollar-denominated securities of foreign issuers. The Fund will normally limit its foreign currency exposure (from non-U.S. dollar-denominated securities or currencies) to 20% of its total assets.The Fund may invest in derivative instruments, such as credit default swap and total return swap agreements, interest rate swaps, futures and options, subject to applicable law and any other restrictions described in the prospectus or Statement of Additional Information. The Fund may purchase or sell securities on a when-issued, delayed delivery or forward commitment basis, including currency forwards, and may engage in short sales. The Fund may invest up to 20% of its total assets in preferred stock.The average portfolio duration of the Fund will normally vary within one year (plus or minus) of the portfolio duration of the securities comprising the Markit iBoxx USD Liquid Leveraged Loan Index, as calculated by PIMCO, which as of September 30, 2024 was 0.00 years. Duration is a measure used to determine the sensitivity of a security’s price to changes in interest rates. The longer a security’s duration, the more sensitive it will be to changes in interest rates.
Read More

LONZ - Performance

Return Ranking - Trailing

Period LONZ Return Category Return Low Category Return High Rank in Category (%)
YTD 8.7% -4.1% 10.2% 11.32%
1 Yr 10.7% -3.7% 14.6% 13.21%
3 Yr N/A* -6.9% 8.3% 38.63%
5 Yr N/A* -6.2% 38.4% 5.84%
10 Yr N/A* -2.2% 19.7% 7.91%

* Annualized

Return Ranking - Calendar

Period LONZ Return Category Return Low Category Return High Rank in Category (%)
2023 3.5% -12.0% 11.1% 36.47%
2022 N/A -22.9% 5.1% N/A
2021 N/A -12.2% 11.1% N/A
2020 N/A -14.1% 289.8% N/A
2019 N/A -8.1% 7.5% N/A

Total Return Ranking - Trailing

Period LONZ Return Category Return Low Category Return High Rank in Category (%)
YTD 8.7% -4.1% 10.2% 11.32%
1 Yr 10.7% -3.7% 14.6% 13.21%
3 Yr N/A* -6.9% 8.3% N/A
5 Yr N/A* -6.2% 38.4% N/A
10 Yr N/A* -2.2% 19.7% N/A

* Annualized

Total Return Ranking - Calendar

Period LONZ Return Category Return Low Category Return High Rank in Category (%)
2023 12.6% -12.0% 22.1% 43.98%
2022 N/A -22.9% 5.1% N/A
2021 N/A -10.2% 11.1% N/A
2020 N/A -14.1% 306.9% N/A
2019 N/A -3.6% 10.5% N/A

LONZ - Holdings

Concentration Analysis

LONZ Category Low Category High LONZ % Rank
Net Assets 383 M 29.9 M 13.5 B 63.85%
Number of Holdings 286 2 1977 70.93%
Net Assets in Top 10 171 M -191 M 2.37 B 34.88%
Weighting of Top 10 43.69% 5.2% 100.7% 7.00%

Top 10 Holdings

  1. PARIBAS REPO 15.88%
  2. REPO BANK AMERICA REPO 15.83%
  3. PARIBAS REPO 2.75%
  4. CLOUD SOFTWARE GROUP INC 2024 TERM LOAN B 1.58%
  5. ATHENAHEALTH INC 2022 TERM LOAN B 1.37%
  6. MH SUB I LLC 2023 TERM LOAN 1.35%
  7. POLARIS NEWCO, LLC USD TERM LOAN B 1.25%
  8. ASURION CORPORATION 2023 TERM LOAN B11 1.23%
  9. MADISON IAQ LLC TERM LOAN 1.23%
  10. NEPTUNE BIDCO US INC 2022 USD TERM LOAN B 1.21%

Asset Allocation

Weighting Return Low Return High LONZ % Rank
Bonds 		87.85% 0.00% 161.82% 90.70%
Other 		34.87% -52.39% 34.87% 0.39%
Stocks 		0.00% 0.00% 100.74% 100.00%
Preferred Stocks 		0.00% -3.99% 7.30% 96.51%
Convertible Bonds 		0.00% 0.00% 5.51% N/A
Cash 		0.00% -61.90% 16.36% 96.90%

Bond Sector Breakdown

Weighting Return Low Return High LONZ % Rank
Derivative 		0.41% -10.96% 0.59% 3.49%
Cash & Equivalents 		0.00% 0.00% 25.03% 98.06%
Securitized 		0.00% 0.00% 91.68% N/A
Corporate 		0.00% 0.00% 99.80% N/A
Municipal 		0.00% 0.00% 0.47% N/A
Government 		0.00% 0.00% 3.18% N/A

Bond Geographic Breakdown

Weighting Return Low Return High LONZ % Rank
US 		87.85% 0.00% 123.41% 65.50%
Non US 		0.00% 0.00% 63.23% 96.90%

LONZ - Expenses

Operational Fees

LONZ Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.74% 0.03% 5.51% 87.17%
Management Fee 0.70% 0.00% 1.89% 78.87%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.02% 0.27% N/A

Sales Fees

LONZ Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 5.75% N/A
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

LONZ Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

LONZ Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 4.00% 180.00% N/A

LONZ - Distributions

Dividend Yield Analysis

LONZ Category Low Category High LONZ % Rank
Dividend Yield 10.75% 0.00% 11.13% 65.04%

Dividend Distribution Analysis

LONZ Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

LONZ Category Low Category High LONZ % Rank
Net Income Ratio N/A 1.77% 9.82% N/A

Capital Gain Distribution Analysis

LONZ Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Distributions History

View More +

LONZ - Fund Manager Analysis

Tenure Analysis

Category Low Category High Category Average Category Mode
0.09 21.18 6.07 3.25

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