PIMCO Mortgage Opportunities and BdInstl

Frequently Asked Questions About PMZIX

What does PMZIX invest in?

To meet its investment objectives, the fund primarily allocates a minimum of 80% of its total capital to a diverse range of mortgage-related holdings. These investments include, but are not limited to, both government-backed (Agency) and privately issued mortgage-backed securities (MBS) across residential and commercial properties. Additionally, the portfolio incorporates Fixed Income Instruments, which may be held in various forms, such as forward contracts or other derivative instruments like options, futures, and swap agreements.

What is the expense ratio of PMZIX?

PIMCO Mortgage Opportunities and BdInstl (PMZIX) charges an expense ratio of 2.14%. This is the annual fee deducted from fund assets to cover management and operations.

How big is PMZIX?

PIMCO Mortgage Opportunities and BdInstl (PMZIX) manages $13.65B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is PMZIX actively managed or an index fund?

PMZIX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was PMZIX launched?

PIMCO Mortgage Opportunities and BdInstl (PMZIX) launched in October 2012 and is managed by PIMCO.

How has PMZIX performed?

PMZIX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.