PIMCO Broad U.S. TIPS Index Exchange-Traded Fund

Frequently Asked Questions About TIPZ

What does TIPZ invest in?

The core purpose of this fund is to closely replicate the overall investment performance of the BofA Merrill Lynch US Inflation-Linked Treasury IndexSM. It aims to achieve this precise match in total return before any of the fund's own fees and operational expenses are deducted.

What is the expense ratio of TIPZ?

PIMCO Broad U.S. TIPS Index Exchange-Traded Fund (TIPZ) charges an expense ratio of 0.20%. This is the annual fee deducted from fund assets to cover management and operations.

What is TIPZ's dividend yield?

TIPZ's trailing-twelve-month yield is 6.65%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of TIPZ?

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

What is the credit quality of TIPZ?

TIPZ'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 TIPZ?

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