PIMCO Commodity Strategy Active Exchange-Traded Fund (CMDT)
PIMCO Commodity Strategy Active Exchange-Traded Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Newport Beach, CA, US. The stock last traded at $35.31, down 1.04% on the session, giving a market capitalisation of $816.8M. On trailing twelve-month figures it carries a trailing P/E of 0.00, a net margin of -15.4%. Its beta of 0.78 implies it has historically moved less than the broad market.
This fund aims to achieve its investment objectives by primarily allocating assets, under typical market conditions, to derivative instruments tied to commodities. These derivatives are supported by a dynamically managed and diverse collection of fixed-income securities with various maturity dates. The fund also retains the option to invest directly in commodities. It is categorized as a non-diversified fund.
PIMCO Commodity Strategy Active Exchange-Traded Fund is most often compared with the following Financial Services names: