PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund

Frequently Asked Questions About ZROZ

What does ZROZ invest in?

This Fund aims to precisely mirror the overall investment performance of The BofA Merrill Lynch Long Treasury Principal STRIPS Index, prior to any deductions for management fees and operational costs.

What is the expense ratio of ZROZ?

PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund (ZROZ) charges an expense ratio of 0.15%. This is the annual fee deducted from fund assets to cover management and operations.

What is ZROZ's dividend yield?

ZROZ's trailing-twelve-month yield is 5.25%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of ZROZ?

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

What is the credit quality of ZROZ?

ZROZ'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 ZROZ?

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