PIMCO Multisector Bond Active Exchange-Traded Fund

Frequently Asked Questions About PYLD

What does PYLD invest in?

To achieve its investment mandate, this fund typically allocates a minimum of 80% of its overall assets to a broad portfolio of fixed-income securities. These investments span multiple sectors and possess diverse maturity dates, and their exposure can be gained directly or synthetically through derivatives like forwards, options, futures contracts, or swap agreements. Specifically, "Fixed Income Instruments" refer to bonds, various debt obligations, and similar financial products issued by a wide array of U.S. and international, public or private organizations.

What is the expense ratio of PYLD?

PIMCO Multisector Bond Active Exchange-Traded Fund (PYLD) charges an expense ratio of 0.74%. This is the annual fee deducted from fund assets to cover management and operations.

What is PYLD's dividend yield?

PYLD's trailing-twelve-month yield is 6.56%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of PYLD?

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

What is the credit quality of PYLD?

PYLD'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 PYLD?

Yield to maturity (YTM) is the total return you'd earn from PYLD if every bond in the portfolio is held to maturity at the current price. PYLD'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.