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ETFs

PIMCO Multi Sector Bond Active ETF

PYLD
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jun 21 2023
Expense Ratio
0.55%
Type
Global Bonds
Fund Owner
PIMCO
Volume (1m avg. daily)
$1,745,210
AUM
$124,667,171
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

n/a
FNMA TBA 30 YR 6 SINGLE FAMILY MORTGAGE
13.19%
n/a
FNMA TBA 30 YR 5.5 SINGLE FAMILY MORTGAGE
12.10%
n/a
FNMA TBA 30 YR 5 SINGLE FAMILY MORTGAGE
11.12%
n/a
TSY INFL IX N/B 04/28 1.25
3.47%
n/a
US TREASURY N/B 05/28 3.625
2.82%
n/a
US TREASURY N/B 06/26 4.125
2.61%
n/a
US DOLLAR
2.55%
n/a
US TREASURY N/B 05/43 3.875
2.47%
n/a
TSY INFL IX N/B 01/33 1.125
1.78%
n/a
JP MORGAN MORTGAGE TRUST JPMMT 2023 DSC1 A1 144A
1.71%
Invest with PYLD

What is PYLD?

PIMCO Multisector Bond Active ETF seeks to maximize yield and long term capital appreciation consistent with prudent investment management. The Fund seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its assets in a multi-sector portfolio of Fixed Income Instruments of varying maturities, which may be represented by forwards or derivatives such as options, futures contracts or swap agreements. "Fixed Income Instruments" include bonds, debt securities and other similar instruments issued by various U.S. and non-U.S. public- or private-sector entities.

ETFs related toPYLD

ETFs correlated to PYLD include DIAL, UNIY, AGGY

PYLD
Pimco Exchange Traded Fund - PIMCO Multisector Bond Active Exchange-Traded Fund
DIAL
Columbia ETF Trust I - Columbia Diversified Fixed Income Allocation ETF
UNIY
WisdomTree Trust - WisdomTree Voya Yield Enhanced USD Universal Bond Fund
AGGY
WisdomTree Trust - WisdomTree Yield Enhanced U.S. Aggregate Bond Fund
FLCB
Franklin Templeton ETF Trust - Franklin U.S. Core Bond ETF
GTO
Invesco Capital Management LLC - Invesco Total Return Bond ETF
HTRB
Hartford Funds Exchange-Traded Trust - Hartford Total Return Bond ETF
IUSB
BlackRock Institutional Trust Company N.A. - iShares Core Total USD Bond Market ETF
SPAB
SPDR Series Trust - SPDR Portfolio Aggregate Bond ETF
SCHZ
Schwab Strategic Trust - Schwab US Aggregate Bond ETF
FIXD
First Trust Exchange-Traded Fund VIII - First Trust TCW Opportunistic Fixed Income ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toPYLD

#BTD

Buy the Dips: Nasdaq 100

Category

Featured, Technology Focus

Risk Rating

Aggressive

#SPYMIN

SPY minimum drawdown

Category

Community

Risk Rating

Aggressive

Create your own algorithmic trading strategy with PYLD using Composer

FAQ

PYLD is a Global Bonds ETF. PIMCO Multisector Bond Active ETF seeks to maximize yield and long term capital appreciation consistent with prudent investment management. The Fund seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its assets in a multi-sector portfolio of Fixed Income Instruments of varying maturities, which may be represented by forwards or derivatives such as options, futures contracts or swap agreements. "Fixed Income Instruments" include bonds, debt securities and other similar instruments issued by various U.S. and non-U.S. public- or private-sector entities.

Yes, PYLD is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, PYLD is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on PYLD is -0.0053%. This is the percent change in the value of PYLD over the most recent 1-month period. The 3-month return on PYLD is -0.0128%. This is the percent change in the value of PYLD over the most recent 3-month period.

ETFs similar to PYLD include GVI, BLV, and BND.

ETFs correlated to PYLD include DIAL, UNIY, and AGGY.

ETFs that are inversely correlated to PYLD include TBX, PST, and TTT.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.