Morningstar

PIMCO Mortgage Opportunities and Bond Fund Class A PMZAX

Morningstar Medalist Rating
Medalist Rating as of | See PIMCO Investment Hub
  • NAV / 1-Day Return 9.30  /  −0.11 %
  • Total Assets 13.6B
  • Adj. Expense Ratio
    1.000%
  • Expense Ratio 2.540%
  • Distribution Fee Level Average
  • Share Class Type Front Load
  • Category Securitized Bond - Diversified
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 5.18%
  • Effective Duration 3.76 years

USD | NAV as of Jun 13, 2026 | 1-Day Return as of Jun 13, 2026, 12:18 AM GMT+0

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 Holdings 26.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

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

24.93 3B
Government

3 Month SOFR Future Dec 26

24.36 3B
Government

Federal National Mortgage Association 5%

18.55 3B
Securitized

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

12.08 2B
Government

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

9.11 1B
Government

30 Day Federal Funds Future May 26

7.01 963M
Government

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

6.66 914M
Government

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

4.92 676M
Government

3 Month SOFR Future June 26

4.06 557M
Government

Federal National Mortgage Association 6.5%

4.03 553M
Securitized

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