PIMCO Multisector Bond Active Exchange-Traded Fund (PYLD)
PIMCO Multisector Bond Active Exchange-Traded Fund operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in Newport Beach, CA, US. The stock last traded at $26.17, up 0.11% on the session, giving a market capitalisation of $14.73B. Its beta of 0.81 implies it has historically moved less than the broad market.
To achieve its investment mandate, this fund typically allocates a minimum of 80% of its overall assets to a broad portfolio of fixed-income securities. These investments span multiple sectors and possess diverse maturity dates, and their exposure can be gained directly or synthetically through derivatives like forwards, options, futures contracts, or swap agreements. Specifically, "Fixed Income Instruments" refer to bonds, various debt obligations, and similar financial products issued by a wide array of U.S. and international, public or private organizations.
PIMCO Multisector Bond Active Exchange-Traded Fund is most often compared with the following Financial Services names: