Pimco Active Bond Etf Profile
BOND Etf | USD 91.93 0.16 0.17% |
Performance0 of 100
| Odds Of DistressLess than 9
|
PIMCO Active is trading at 91.93 as of the 28th of March 2024, a 0.17 percent increase since the beginning of the trading day. The etf's lowest day price was 91.67. PIMCO Active has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for PIMCO Active Bond are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of April 2023 and ending today, the 28th of March 2024. Click here to learn more.
The fund normally invests at least 80 percent of its assets in a diversified portfolio of Fixed Income Instruments of varying maturities, which may be represented by forwards or derivatives such as options, futures contracts, or swap agreement. Pimco Active is traded on NYSEARCA Exchange in the United States.. More on PIMCO Active Bond
Moving together with PIMCO Etf
0.78 | IUSB | IShares Core Total | PairCorr |
0.69 | FIXD | First Trust TCW Sell-off Trend | PairCorr |
0.61 | FBND | Fidelity Total Bond | PairCorr |
0.97 | TOTL | SPDR DoubleLine Total | PairCorr |
0.78 | HTRB | Hartford Total Return | PairCorr |
0.79 | GTO | Invesco Total Return | PairCorr |
0.92 | EUSB | IShares Trust - | PairCorr |
PIMCO Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. PIMCO Active's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding PIMCO Active or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Thematic Idea | Broad Debt ETFs (View all Themes) |
Business Concentration | Broad Debt ETFs, Intermediate Core-Plus Bond, PIMCO (View all Sectors) |
Issuer | PIMCO |
Inception Date | 2012-02-29 |
Entity Type | Regulated Investment Company |
Asset Under Management | 4.14 Billion |
Average Trading Valume | 239,687.5 |
Asset Type | Fixed Income |
Category | Broad Debt |
Focus | Broad Debt |
Market Concentration | Blended Development |
Region | Global |
Administrator | Pacific Investment Management Company LLC |
Advisor | Pacific Investment Management Company LLC |
Custodian | State Street Bank and Trust Company |
Distributor | PIMCO Investments LLC |
Portfolio Manager | David Braun, Jerome Schneider, Daniel Hyman |
Transfer Agent | State Street Bank and Trust Company |
Fiscal Year End | 31-Oct |
Exchange | New York Stock Exchange |
Number of Constituents | 1,317 |
Total Expense | 0.58 |
Management Fee | 0.55 |
Country Name | USA |
Returns Y T D | 0.03 |
Name | PIMCO Active Bond Exchange-Traded Fund |
Currency Code | USD |
Open Figi | BBG002N12B91 |
In Threey Volatility | 7.44 |
1y Volatility | 7.52 |
200 Day M A | 90.1421 |
50 Day M A | 91.398 |
Code | BOND |
Updated At | 27th of March 2024 |
Currency Name | US Dollar |
In Threey Sharp Ratio | (0.79) |
Type | ETF |
PIMCO Active Bond [BOND] is traded in USA and was established 2012-02-29. The fund is listed under Intermediate Core-Plus Bond category and is part of PIMCO family. The entity is thematically classified as Broad Debt ETFs. PIMCO Active Bond currently have 3.03 B in assets under management (AUM). , while the total return for the last 3 years was -2.5%.
Check PIMCO Active Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on PIMCO Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding PIMCO Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as PIMCO Active Bond Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
PIMCO Active Bond Currency Exposure
PIMCO Active Bond holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of PIMCO Active will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in PIMCO Active Bond.
Top PIMCO Active Bond Etf Constituents
LONZ | PIMCO ETF Trust | Etf | Bank Loan |
PRFD | PIMCO Preferred And | Etf | US Etf |
MINT | PIMCO Enhanced Short | Etf | Ultrashort Bond |
PIMCO Active Target Price Odds Analysis
What are PIMCO Active's target price odds to finish over the current price? Based on a normal probability distribution, the odds of PIMCO Active jumping above the current price in 90 days from now is about 5.91%. The PIMCO Active Bond probability density function shows the probability of PIMCO Active etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days PIMCO Active has a beta of 0.2996 suggesting as returns on the market go up, PIMCO Active average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding PIMCO Active Bond will be expected to be much smaller as well. Additionally, pIMCO Active Bond has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
Based on a normal probability distribution, the odds of PIMCO Active to move above the current price in 90 days from now is about 5.91 (This PIMCO Active Bond probability density function shows the probability of PIMCO Etf to fall within a particular range of prices over 90 days) .
PIMCO Active Top Holders
GDMA | Alpha Architect Gdsdn | Etf | Moderate Allocation |
ETFRX | Stadion Tactical Defensive | Mutual Fund | Tactical Allocation |
ETFWX | Stadion Tactical Defensive | Mutual Fund | Tactical Allocation |
ETFZX | Stadion Tactical Defensive | Mutual Fund | Tactical Allocation |
PIMCO Active Bond Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. PIMCO Active market risk premium is the additional return an investor will receive from holding PIMCO Active long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in PIMCO Active. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although PIMCO Active's alpha and beta are two of the key measurements used to evaluate PIMCO Active's performance over the market, the standard measures of volatility play an important role as well.
Risk Adjusted Performance | 0.0073 | |||
Jensen Alpha | (0.04) | |||
Total Risk Alpha | (0.08) | |||
Sortino Ratio | (0.33) |
PIMCO Active Against Markets
Picking the right benchmark for PIMCO Active etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in PIMCO Active etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for PIMCO Active is critical whether you are bullish or bearish towards PIMCO Active Bond at a given time. Please also check how PIMCO Active's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in PIMCO Active without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy PIMCO Etf?
Before investing in PIMCO Active, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in PIMCO Active. To buy PIMCO Active etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of PIMCO Active. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase PIMCO Active etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located PIMCO Active Bond etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased PIMCO Active Bond etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as PIMCO Active Bond, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy PIMCO Etf please use our How to Invest in PIMCO Active guide.
Already Invested in PIMCO Active Bond?
The danger of trading PIMCO Active Bond is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of PIMCO Active is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than PIMCO Active. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile PIMCO Active Bond is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether PIMCO Active Bond is a strong investment it is important to analyze PIMCO Active's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact PIMCO Active's future performance. For an informed investment choice regarding PIMCO Etf, refer to the following important reports: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in PIMCO Active Bond. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for PIMCO Etf analysis
When running PIMCO Active's price analysis, check to measure PIMCO Active's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy PIMCO Active is operating at the current time. Most of PIMCO Active's value examination focuses on studying past and present price action to predict the probability of PIMCO Active's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PIMCO Active's price. Additionally, you may evaluate how the addition of PIMCO Active to your portfolios can decrease your overall portfolio volatility.
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The market value of PIMCO Active Bond is measured differently than its book value, which is the value of PIMCO that is recorded on the company's balance sheet. Investors also form their own opinion of PIMCO Active's value that differs from its market value or its book value, called intrinsic value, which is PIMCO Active's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because PIMCO Active's market value can be influenced by many factors that don't directly affect PIMCO Active's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between PIMCO Active's value and its price as these two are different measures arrived at by different means. Investors typically determine if PIMCO Active is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PIMCO Active's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.