PIMCO 15+ Year US TIPS Index Exchange-Traded Fund (LTPZ)
| Assets | $721.08M |
| Expense Ratio | 0.20% |
| PE Ratio | n/a |
| Shares Out | 13.12M |
| Dividend (ttm) | $1.83 |
| Dividend Yield | 3.30% |
| Ex-Dividend Date | Dec 2, 2024 |
| Payout Ratio | n/a |
| 1-Year Return | +1.96% |
| Volume | 44,828 |
| Open | 55.37 |
| Previous Close | 55.22 |
| Day's Range | 55.19 - 55.40 |
| 52-Week Low | 51.87 |
| 52-Week High | 58.93 |
| Beta | 0.55 |
| Holdings | 17 |
| Inception Date | Sep 3, 2009 |
About LTPZ
Fund Home PageThe PIMCO 15+ Year US TIPS Index Exchange-Traded Fund (LTPZ) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of long-term US Treasury Inflation Protected Securities. LTPZ was launched on Sep 3, 2009 and is issued by PIMCO.
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 2, 2024 | $0.130 | n/a |
| Nov 1, 2024 | $0.080 | Nov 5, 2024 |
| Oct 1, 2024 | $0.090 | Oct 3, 2024 |
| Sep 3, 2024 | $0.040 | Sep 5, 2024 |
| Aug 1, 2024 | $0.120 | Aug 5, 2024 |
| Jul 1, 2024 | $0.260 | Jul 3, 2024 |
News
LTPZ: A Nuanced Stagflation Hedge
LTPZ ETF is designed to track an index of long-term TIPS or Treasury Inflation-Protected Securities. Stricter immigration controls, tariffs, and increasing money supply could drive another inflation w...
LTPZ: The Time Is Now (Maybe)
Treasury Inflation-Protected Securities, a.k.a TIPS funds, have had mixed results due to duration weakness during a rate hike cycle, but long-duration TIPS may make sense now. PIMCO 15+ Year U.S. TIPS...
LTPZ: Long-Term TIPS For The Long Run
Long-term Treasury Inflation-Protected Securities (TIPS) are underpriced and a better component of a 60/40 portfolio than unhedged Treasuries. Simulated historical returns suggest long-term TIPS are a...
LTPZ: The Stock Market Bubble Raises The Stakes For TIPS
The PIMCO 15+ Year U.S. TIPS Index is highly sensitive to changes in real interest rate expectations, and surging stocks have undermined rate cut bets, weighing on the ETF.
LTPZ: More Risk Than Reward Further Out On The TIPS Curve
Both nominal and real rates are down across the curve. The catch is that the curve now embeds some very aggressive Fed easing assumptions. Buying long-duration TIPS doesn't offer a particularly attrac...
LTPZ: TIPS Have The Best Risk-Reward Outlook I Have Ever Seen
The PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund offers a great opportunity to profit from a potential decrease in US real (inflation-adjusted) borrowing costs. The LTPZ offer a 2% real yield i...
These bonds, perfect for retirees, are paying twice their historic average
I'm not even retired and I've been buying long-term inflation-protected U.S. Treasury bonds in my 401(k) with both hands.
Short Or Long, TIPS ETFs Are A Bust
US inflation rates reached 40-year highs in June 2022, prompting investors to move into Treasury Inflation Protected Securities (TIPS) funds. The article reviews two such ETFs: PIMCO 1-5 Year U.S. TIP...
LTPZ: Real Yields May Need To Move Back Below Zero To Prevent A Fiscal Meltdown
The PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund offers investors exposure to long-term inflation-linked bonds that stand to benefit from any decline in real interest rate expectations. Real GD...
LTPZ: Long-Dated Linkers Look Good For 2023
The PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund (LTPZ) offers investors exposure to long-term inflation-linked bond yields, with average maturity of 22 years. The real yield is now 1.7% and mo...
LTPZ: Long-Term TIPS Fund, Fully-Covered 9.0% Dividend Yield
LTPZ invests in long-term treasury inflation-protected securities. Skyrocketing inflation has led to significant dividend growth for the fund, with LTPZ currently yielding 9.0%.
LTPZ: Rising Yield, Increasing Risk
In 2022, LTPZ recorded a significant hike in its annual average yield, primarily due to higher interest income as well as huge decline in its market price. In the absence of another major inflation, t...
LTPZ: Good Inflation Hedge, But Excessively Risky, Not A Buy
LTPZ invests in long-term treasury inflation-protected securities. Although the fund is a good inflation hedge, and has performed comparatively well for years, it has an Achilles' heel.
LTPZ: Selloff Is Probably Not Over Yet
My "cocktail of deflationary events" thesis has been playing out, pushing the PIMCO 15+ Year U.S. TIPS fund to its worst drawdown since March 2020. A more hawkish Fed and the winding down of fiscal st...
Tapering Impact On Treasury Supply
At the November FOMC meeting, the Fed officially announced that it would begin tapering its bond purchase program, starting in mid-November. When the Fed began tapering its QE3 program over the course...
LTPZ: Inflation Is An Overcrowded Trade
After calling for an imminent drop in the 10-year yield from 1.68%, I now present another trade that I believe to be overcrowded.
LTPZ: Moderate Downside Protection And Inflation Hedge, Strong 6.5% Dividend Yield
Many investors are concerned about inflation, and with good reason.
LTPZ: Getting Hit By Rising Yields, Lack Of Official Inflation
With inflation becoming a concern among many investors, a look at TIPS may be warranted.
PIMCO 15+ Year U.S. TIPS Fund: An Under-The-Radar Winner
Most investors would likely be surprised to learn that long-term TIPS have been the best performing of the major asset classes in 2020. In this article, I explore why the PIMCO 15+ Year U.S. TIPS fund...
Best TIPS ETFs for Q1 2021
The best TIPS ETFs for Q1 2021 are LTPZ, IVOL, and SPIP.
PIMCO Long-Term TIPS ETF: Think Portfolio Protection, Not A High-Conviction Bet
I believe now is a good time for investors to keep an open mind and look around for opportunities that have been flying under the radar.
