PMBS

PIMCO Mortgage-Backed Securities Active Exchange-Traded Fund

$49.55

+0.00%

Market closed. Last update: 12:37 PM ET

📎 Investment Objective

The PIMCO Mortgage-Backed Securities Active Exchange-Traded Fund (PMBS) seeks to provide current income and capital appreciation by investing primarily in a diversified portfolio of mortgage-backed securities.

Overview

ETF tracking PIMCO Mortgage-Backed Securities Active Exchange-Traded Fund

Category Real Estate

Issuer Other

Inception Date 2024-09-23

Market Cap $749.5M

Average Volume N/A

Dividend Yield 3.94%

52-Week Range $47.16 - $50.15

VWAP $49.57

Performance

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Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The fund's active management approach aims to identify attractive mortgage-backed securities and manage interest rate and credit risk to generate consistent returns. The portfolio managers utilize PIMCO's extensive research and risk management capabilities to actively select and monitor the fund's holdings.

✨ Key Features

Actively managed portfolio of mortgage-backed securities
Seeks to provide current income and capital appreciation
Leverages PIMCO's expertise in fixed income and mortgage-backed securities
Potentially lower volatility compared to broader fixed income markets

⚠️ Primary Risks

Interest rate risk: The fund's performance may be negatively impacted by rising interest rates
Credit risk: The fund is exposed to the creditworthiness of the underlying mortgage borrowers and issuers
Prepayment risk: Mortgage-backed securities may be subject to increased prepayments when interest rates decline
Liquidity risk: The fund may experience reduced liquidity in certain market conditions

👤 Best For

The PMBS ETF may be suitable for investors seeking current income and capital appreciation from a diversified portfolio of mortgage-backed securities, and who have a medium-term investment horizon and a moderate risk tolerance.