PIMCO Active Bond Exchange-Traded Fund
PIMCO ETF Trust · 1 share class
Fund classification
Classified from what the fund holds · as of 2026 Q2
PIMCO Active Bond Exchange-Traded Fund is an actively managed U.S. bond ETF.
- Asset class
- Bonds
- Region
- United States
- Management
- Actively managed
- Fund type
- ETF
- Credit quality
- Investment grade
- Rate sensitivity
- Long duration
- Features
- Fund of funds
Fund profile
As filed in the prospectus · 2025 Q4
The Fund seeks current income and long-term capital appreciation, consistent with prudent investment management.
The fund invests at least 80% of its assets in fixed income securities across varying maturities and sectors, with portfolio duration normally ranging from two to eight years based on manager forecasts. It may hold up to 30% in high yield bonds, up to 15% in foreign-currency securities, and up to 10% in preferred and convertible securities. The fund seeks to manage taxable gains through loss harvesting and limited turnover, though it may realize gains when redemptions or strategic transactions warrant it. Because results depend on the manager's security selection and market forecasts, outcomes may diverge from other fixed income funds with similar objectives.
| Share class | Gross | Net |
|---|---|---|
| BOND | 0.56% | 0.54% |
Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.
Portfolio turnover 496.00% · as of 2025 Q4
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Securitized | 66.16% |
| Bonds | 41.92% |
| Cash & short-term | 8.09% |
| Loans | 0.77% |
| 2 smaller | 0.51% |
Look-through blends 3 underlying funds; 0.0% of NAV was not looked through and stays direct-classified.
Latest quarter
What changed since the fund's previous filing
Largest new: UMBS, TBA ×7, BofA Securities, Inc.
Largest exited: UMBS PASS THRU POOLS ×7, FHLMC PASS THRU POOLS
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026
May 2026 and Jun 2026 have been filed since the trailing figures were struck, so they are 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 2026-06-30
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 | 83.2% |
| Floating rate | 16.7% |
Share of the fund's debt value in each maturity band, shortest first.
| <1y | 0.4% |
| 1-3y | 5.0% |
| 3-5y | 5.2% |
| 5-10y | 19.0% |
| 10y+ | 70.3% |
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 2026Q2
Most of this fund’s sensitivity is to interest rates, with credit spreads carrying nearly as much.
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.
| Interest rates | 53% |
| Credit spreads | 47% |
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 | +27.07 yr |
| High yield | -0.03 yr |
Share of duration at each point, shortest first. This filer signs its rate and credit disclosures differently; the direction shown follows its interest-rate filing, and a negative reading is the least-supported figure here.
| 3 mo | 4.87 yr | 16% |
| 1 yr | 5.98 yr | 19% |
| 5 yr | 6.92 yr | 22% |
| 10 yr | 7.39 yr | 24% |
| 30 yr | 5.94 yr | 19% |
| 3 mo | 4.98 yr | 18% |
| 1 yr | 5.27 yr | 19% |
| 5 yr | 5.88 yr | 22% |
| 10 yr | 5.66 yr | 21% |
| 30 yr | 5.25 yr | 19% |
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 | +4.87 | +5.09 | -0.12 | $4.23m | -$97.5k |
| 1 yr | +5.98 | +5.34 | -0.07 | $4.44m | -$55.7k |
| 5 yr | +6.92 | +5.78 | +0.10 | $4.80m | $85.7k |
| 10 yr | +7.39 | +5.63 | +0.03 | $4.68m | $23.5k |
| 30 yr | +5.94 | +5.23 | +0.02 | $4.35m | $18.3k |
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 31.11 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 | Reported price | Value | Shares |
|---|---|---|---|---|---|
| — | BofA Securities, Inc. | 7.96% | — | $661.90M | — |
| — | UMBS, TBA5.00% · due 2056-08-01 | 5.56% | — | $462.32M | — |
| — | PIMCO Mortgage-Backed Securities Active Exchange-Traded Fund | 4.07% | $49.38 | $338.60M | 6.9M |
| — | UMBS, TBA4.50% · due 2056-08-01 | 3.46% | — | $287.17M | — |
| — | United States Treasury3.88% · due 2043-02-15 | 3.40% | — | $282.14M | — |
| — | UMBS, TBA6.00% · due 2056-08-01 | 2.73% | — | $227.15M | — |
| — | United States Treasury4.63% · due 2045-11-15 | 2.57% | — | $213.55M | — |
| — | UMBS, TBA4.50% · due 2056-09-01 | 2.54% | — | $211.44M | — |
| — | UMBS, TBA3.00% · due 2056-08-01 | 2.27% | — | $188.31M | — |
| — | United States Treasury3.13% · due 2044-08-15 | 1.94% | — | $161.33M | — |
Reported price is the fund's own reported value divided by its own reported shares at 2026-06-30 — not a live quote, and not what the fund paid.
Top 10 positions are 36.50% of net assets, top 25 54.80%, across 641 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.
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