Pimco Mortgage Opportunities overcomes the modest limitations of a focused strategy in a cohort of more adventurous rivals, with some of the best management, analytical, and technological resources in the industry. Its share classes across both offshore and U.S.-based vehicles carry Morningstar Medalist Ratings of Gold for the cheapest among them, and Silver and Bronze for its pricier shares.
PIMCO Mortgage Opportunities and BdInstl PMZIX
- NAV / 1-Day Return 9.20 / −0.30 %
- Total Assets 9.2 Bil
-
Adj. Expense Ratio
- Expense Ratio 1.350%
- Distribution Fee Level Low
- Share Class Type Institutional
- Category Nontraditional Bond
- Credit Quality / Interest Rate Sensitivity High/Limited
- Min. Initial Investment 1.0 Mil
- Status Open
- TTM Yield 6.88%
- Effective Duration 4.02 years
USD | NAV as of Apr 26, 2024 | 1-Day Return as of Apr 26, 2024, 12:13 AM GMT+0
Morningstar’s Analysis PMZIX
Will PMZIX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 44.0
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
3 Month SOFR Future Dec 23 | 31.88 | 2.8 Bil | Government |
RFR USD SOFR/3.75000 12/20/23-5Y CME Receive | 27.77 | 2.4 Bil | Government |
RFR USD SOFR/3.75000 06/21/23-2Y CME Pay | 27.02 | 2.3 Bil | Government |
RFR USD SOFR/2.00000 12/21/22-2Y CME Pay | 21.44 | 1.9 Bil | Government |
Federal National Mortgage Association 6.5% | 20.05 | 1.7 Bil | Securitized |
RFR USD SOFR/1.75000 06/15/22-10Y CME Pay | 17.21 | 1.5 Bil | Government |
Federal National Mortgage Association 6.5% | 14.78 | 1.3 Bil | Securitized |
10 Year Treasury Note Future Mar 24 | 13.70 | 1.2 Bil | Government |
Federal National Mortgage Association 5% | 10.90 | 947.3 Mil | Securitized |
RFRF USD SF+26.161/1.40 7/05/23-2Y* CME Pay | 10.41 | 905.3 Mil | Government |