BILZ

PIMCO Ultra Short Government Active ETF

$100.92
+0.00%
Market closed. Last update: 10:57 PM ET

📎 Investment Objective

The PIMCO Ultra Short Government Active ETF (BILZ) seeks to provide a high level of current income consistent with preservation of capital and daily liquidity.

Overview

ETF tracking PIMCO Ultra Short Government Active ETF

Category Inverse
Issuer Other
Inception Date 2023-06-22
Market Cap $900.2M
Average Volume N/A
Dividend Yield 3.53%
52-Week Range $100.79 - $101.25
VWAP $100.92

Performance

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Investment Summary

📎 Investment Objective

The PIMCO Ultra Short Government Active ETF (BILZ) seeks to provide a high level of current income consistent with preservation of capital and daily liquidity.

🎯 Investment Strategy

The fund invests primarily in a diversified portfolio of short-term U.S. government securities, including Treasuries and agency debt. The portfolio is actively managed to maintain a very short duration, typically less than one year, in order to minimize interest rate risk.

✨ Key Features

  • Actively managed portfolio of short-term U.S. government securities
  • Targets a very short duration, typically less than one year, to reduce interest rate sensitivity
  • Aims to provide a high level of current income with preservation of capital
  • Daily liquidity for investors

⚠️ Primary Risks

  • Interest rate risk: The fund's value may decline if interest rates rise
  • Credit risk: The risk of default on the underlying government securities
  • Liquidity risk: The fund may have difficulty selling certain securities at an advantageous time and price
  • Active management risk: The fund's performance could trail that of comparable funds if the manager's investment decisions are unsuccessful

👤 Best For

The PIMCO Ultra Short Government Active ETF may be suitable for investors seeking a low-risk, highly liquid investment that can provide a steady stream of current income. It may be appropriate as a cash management or short-term fixed income allocation within a diversified portfolio.