PIMCO Multisector Bond Active Exchange-Traded Fund
PIMCO ETF Trust · Series S000080425
data updated 2026-08-10
Fund profile
As filed in the prospectus · 2025 Q4
The Fund seeks to maximize yield and long term capital appreciation consistent with prudent investment management.
The fund invests in a diversified multi-sector fixed income portfolio selected for undervaluation, with no benchmark constraint, emphasizing long-term strategic positioning over tactical trading. Holdings span investment-grade and high-yield corporate bonds, government securities, mortgage and asset-backed securities, and foreign currency exposure across developed and emerging markets, with average portfolio duration typically between two and eight years. Because security selection drives returns, fund performance will depend on the manager's ability to identify undervalued opportunities.
| Share class | Gross | Net |
|---|---|---|
| C000242819 | 0.74% | 0.64% |
Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.
Portfolio turnover 501.00% · as of 2025 Q4
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q1
| Securitized | 69.57% |
| Bonds | 42.33% |
| Cash & short-term | 19.44% |
| Loans | 2.67% |
| Derivatives | 1.02% |
These positions come to 135.03% of the fund's net assets. This counts only what the fund reported holding — the holdings disclosure covers assets, not liabilities such as borrowings — so it is not expected to reconcile to 100%.
Derivatives are shown at market value, not notional exposure.
Latest quarter
What changed since the fund's previous filing
Largest new: UMBS PASS THRU POOLS ×5, UNITED STATES GOVT, BRAZIL GOVT, VALERIE ASSET LTD
Largest exited: UMBS PASS THRU POOLS ×7, UNITED STATES GOVT
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Feb 2026
Mar 2026 has been filed since the trailing figures were struck, so it is not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
Debt profile
What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-03-31
Share of the fund's debt by how its coupon behaves — the fact that decides whether a rate move reaches this portfolio at all.
| Fixed rate | 80.4% |
| Floating rate | 18.5% |
| Zero-coupon or unclassified | 1.1% |
Share of the fund's debt value in each maturity band, shortest first.
| <1y | 2.0% |
| 1-3y | 4.9% |
| 3-5y | 13.9% |
| 5-10y | 26.1% |
| 10y+ | 53.2% |
These three overlap — one holding can be in arrears and paying in kind at once — so they are shown separately and never summed.
Risk profile
Interest-rate and credit-spread sensitivity, both in years · as of 2026Q1
More of this fund’s sensitivity sits in credit spreads than in interest rates — a rate rally that comes with a credit selloff works against it.
Where the loss would come from. The two shocks are the same size, so this is the balance of the fund's two sensitivities rather than a bet on one moving more.
| Credit spreads | 57% |
| Interest rates | 43% |
Filers report the impact of a 0.01% move only, so the total is our own scaling of that one number and overstates the loss on most bonds — read it as approximate, never as precise. The two sensitivities overlap rather than add up: they measure the same positions against different shocks, which is why the durations above are shown side by side and never summed.
Share of the fund's spread duration carried by each credit tier.
| Investment grade | +4.87 yr |
| High yield | +1.24 yr |
Share of duration at each point, shortest first. A positive figure loses value when spreads widen; a negative one offsets — a credit hedge.
| 3 mo | 0.04 yr | 1% |
| 1 yr | 0.70 yr | 15% |
| 5 yr | 2.59 yr | 55% |
| 10 yr | 1.32 yr | 28% |
| 30 yr | 0.02 yr | 0% |
| 3 mo | 2.06 yr | 33% |
| 1 yr | 0.89 yr | 14% |
| 5 yr | 2.61 yr | 42% |
| 10 yr | 0.61 yr | 10% |
30 yr is NEGATIVE (-0.07 yr) — a deliberate hedge at that point on the curve, so it is not part of the band above.
The two bands measure the same positions against different shocks and do not add — a Treasury carries rate duration and no spread duration, a floating-rate credit the reverse. Rate tenors are also summed across every currency the fund discloses.
Show the numbers
| Tenor | Rate yrs | IG yrs | HY yrs | IG $/bp | HY $/bp |
|---|---|---|---|---|---|
| 3 mo | +0.04 | +1.56 | +0.50 | $1.96m | $623.2k |
| 1 yr | +0.70 | +0.70 | +0.19 | $872.6k | $243.5k |
| 5 yr | +2.59 | +2.16 | +0.46 | $2.70m | $573.4k |
| 10 yr | +1.32 | +0.52 | +0.09 | $650.7k | $118.5k |
| 30 yr | +0.02 | -0.07 | +0.00 | -$86.1k | $423 |
Dollar change per 1bp of spread movement, as filed and sign-anchored. A blank cell was not filed; a zero was.
Duration contribution in years, summing to the fund's 4.67 yr.
This is where the fund's rate exposure sits, not its currency risk — most international bond funds hedge the currency back to dollars, and the size of those hedges is not in the filing. Tenors are also summed across curves, so a 5-year JPY point and a 5-year USD point are added together.
Holdings
By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page
| Ticker | Issuer | %NAV | Value | Shares |
|---|---|---|---|---|
| — | N/A | 18.84% | $2.36B | — |
| — | UMBS PASS THRU POOLS6.00% · due 2056-05-13 | 8.36% | $1.05B | — |
| — | UMBS PASS THRU POOLS4.50% · due 2056-05-13 | 6.59% | $826.89M | — |
| — | UMBS PASS THRU POOLS6.50% · due 2056-04-13 | 6.43% | $806.75M | — |
| — | UMBS PASS THRU POOLS5.00% · due 2056-05-13 | 6.41% | $804.29M | — |
| — | UMBS PASS THRU POOLS6.50% · due 2056-05-13 | 5.97% | $748.17M | — |
| — | UMBS PASS THRU POOLS4.00% · due 2056-05-13 | 5.23% | $655.88M | — |
| — | UNITED STATES GOVT4.63% · due 2045-11-15 | 2.07% | $259.40M | — |
| — | PERU GOVT6.15% · due 2032-08-12 | 0.99% | $124.03M | — |
| — | SOUTH AFRICA GOVT8.50% · due 2037-01-31 | 0.85% | $106.02M | — |
Top 10 positions are 61.74% of net assets, top 25 69.99%, across 1.1K issuers.
See more of this fund's book
More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.
Sign in free