PIMCO Ultra Short Government Active Exchange-Traded Fund

Frequently Asked Questions About BILZ

What does BILZ invest in?

The fund invests 100% of its total assets in (i) cash, (ii) U.S. government securities, such as U.S. Treasury bills, notes, and other obligations issued by, or guaranteed as to principal and interest by, the U.S. government (including its agencies and instrumentalities), and (iii) repurchase agreements that are collateralized fully by such U.S. government securities or cash.

What is the expense ratio of BILZ?

PIMCO Ultra Short Government Active Exchange-Traded Fund (BILZ) charges an expense ratio of 0.14%. This is the annual fee deducted from fund assets to cover management and operations.

What is BILZ's dividend yield?

BILZ's trailing-twelve-month yield is 3.96%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of BILZ?

Effective duration measures BILZ's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. BILZ's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of BILZ?

BILZ's credit quality breakdown — the share of holdings rated AAA through CCC and below — is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of BILZ?

Yield to maturity (YTM) is the total return you'd earn from BILZ if every bond in the portfolio is held to maturity at the current price. BILZ's YTM is published on the fund's factsheet on the issuer's website — it differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.