Morningstar

PIMCO Mortgage Opportunities and Bond Fund Class A PMZAX

Morningstar Medalist Rating
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  • NAV / 1-Day Return$8.95  /  −0.78%
  • Fund Size$11.8B
  • Adjusted Expense Ratio1.000%
  • Net Expense Ratio2.540%
  • Fee Level: DistributionAbove Average
  • Share Class TypeFront Load
  • Morningstar CategorySecuritized Bond - Diversified
  • Fixed-Income Style Box (Funds)Medium/Moderate
  • Minimum Initial Investment$1,000
  • Investment StatusOpen
  • TTM Yield5.22%
  • Average Effective Duration4.46 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis PMZAX

Will PMZAX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PMZAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the PMZAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of PMZAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

An appealing option for mortgage exposure.

Senior Principal Eric Jacobson

Eric Jacobson

Senior Principal

Summary

Pimco Mortgage Opportunities overcomes the limitations of a focused strategy with some of the best management, analytical, and technological resources in the industry.

by Eric Jacobson
Rated on Published on

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Portfolio Holdings PMZAX

More PMZAX Holdings
  • Current Portfolio Date
  • Equity Holdings—
  • Bond Holdings—
  • Other Holdings—
  • % Assets in Top 10 Holdings41.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

RFR USD SOFR/3.50000 03/18/26-5Y CME Receive

25.013B
Government

3 Month SOFR Future Mar 27

24.323B
Government

Federal National Mortgage Association 5%

23.163B
Securitized

RFR USD SOFR/1.75000 06/15/22-10Y CME Receive

12.202B
Government

Federal National Mortgage Association 6%

10.311B
Securitized

RFR USD SOFR/3.75000 03/18/26-7Y CME Receive

9.141B
Government

RFR USD SOFR/3.75000 12/18/24-10Y CME Receive

6.76925M
Government

10 Year Treasury Note Future Sept 26

6.38873M
Government

RFR USD SOFR/3.75000 06/20/24-7Y CME Receive

5.00684M
Government

3 Month SOFR Future June 26

4.07557M
Government

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