CMDT – PIMCO Commodity Strategy Act Exc-Trd Fd – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks total return which exceeds that of its benchmark, consistent with prudent investment management. The fund seeks to achieve its investment objective by investing, under normal circumstances, in commodity-linked derivative instruments backed by an actively managed and diversified portfolio of Fixed Income Instruments of varying maturities and may also invest directly in commodities. The fund is non-diversified.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
CMDT	PIMCO Commodity Strategy Active Exchange-Traded Fund	ETF	Open		—	May 9, 2023	$807.58M	0.640%	—	—	$127.03M

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