LONZ
PIMCO Senior Loan Active Exchange-Traded Fund
📎 Investment Objective
The PIMCO Senior Loan Active Exchange-Traded Fund (LONZ) seeks to provide current income and capital appreciation by investing primarily in a diversified portfolio of senior secured floating-rate loans.
Overview
ETF tracking PIMCO Senior Loan Active Exchange-Traded Fund
Performance
Price Chart
Investment Summary
📎 Investment Objective
The PIMCO Senior Loan Active Exchange-Traded Fund (LONZ) seeks to provide current income and capital appreciation by investing primarily in a diversified portfolio of senior secured floating-rate loans.
🎯 Investment Strategy
The fund aims to achieve its objective by actively managing a portfolio of senior secured floating-rate loans. The portfolio manager uses fundamental credit research to identify attractive loan opportunities and actively manages the portfolio to capitalize on changes in the senior loan market.
✨ Key Features
- Focuses on senior secured floating-rate loans, which can provide a hedge against rising interest rates
- Actively managed portfolio to capitalize on market opportunities
- Diversified exposure to the senior loan market
- Potential for current income and capital appreciation
⚠️ Primary Risks
- Credit risk: The risk that the borrower may default on their loan obligations
- Interest rate risk: The risk that rising interest rates may negatively impact the value of the loans
- Liquidity risk: The risk that the loans may be difficult to sell in the secondary market
- Active management risk: The risk that the fund manager's investment decisions may not produce the desired results
👤 Best For
This ETF may be suitable for investors seeking current income and capital appreciation, with a focus on senior secured floating-rate loans. Investors should have a moderate risk tolerance and a medium-term investment horizon.