LTPZ

PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund

$52.94

+0.00%

Market closed. Last update: 10:53 PM ET

📎 Investment Objective

The PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund (LTPZ) seeks to provide investment results that correspond generally to the price and yield performance of the ICE BofAML 15+ Year US Inflation-Linked Treasury Index, which measures the performance of U.S. Treasury Inflation-Protected Securities (TIPS) with a maturity of 15 years or more.

Overview

ETF tracking PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund

Category Treasury

Issuer Other

Inception Date 2009-09-04

Market Cap $697.2M

Average Volume N/A

Dividend Yield 3.97%

52-Week Range $50.23 - $55.74

VWAP $53.01

Performance

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Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The fund invests at least 80% of its assets in the component securities of the underlying index, which are inflation-linked bonds issued by the U.S. government with a maturity of 15 years or more. The fund uses a passive management approach, attempting to track the performance of the index through sampling techniques.

✨ Key Features

Provides exposure to long-term U.S. TIPS with maturities of 15 years or more
Designed to hedge against inflation by providing a real return on investment
Passively managed to track the performance of the underlying index
Low expense ratio of 0.00%

⚠️ Primary Risks

Interest rate risk: The value of the fund's holdings may decline due to increases in interest rates
Inflation risk: If the rate of inflation is lower than expected, the real return on TIPS may be less than anticipated
Liquidity risk: The fund may have difficulty selling certain securities, particularly during times of market stress
Tracking error risk: The fund may not perfectly track the performance of the underlying index

👤 Best For

The PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund may be suitable for investors seeking long-term exposure to inflation-protected U.S. government securities as part of a diversified portfolio. It may be particularly appealing to investors concerned about the impact of inflation on their investments and who have a long-term investment horizon.