PIMCO Mortgage Opportunities and Bond Fund Institutional Class (PMZIX)
| Fund Assets | 13.82B |
| Expense Ratio | 2.14% |
| Min. Investment | $1,000,000 |
| Turnover | 1,120.00% |
| Dividend (ttm) | 0.53 |
| Dividend Yield | 5.65% |
| Dividend Growth | -22.55% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Feb 27, 2026 |
| Previous Close | 9.45 |
| YTD Return | 0.97% |
| 1-Year Return | 7.00% |
| 5-Year Return | 17.54% |
| 52-Week Low | 9.21 |
| 52-Week High | 9.50 |
| Beta (5Y) | n/a |
| Holdings | 3317 |
| Inception Date | Oct 22, 2012 |
About PMZIX
PIMCO Mortgage Opportunities and Bond Fund Institutional Class is a mutual fund specializing in mortgage-related securities and is targeted toward institutional investors and high-net-worth clients. The fund’s primary objective is to maximize long-term returns while adhering to prudent investment management principles, focusing on generating a high level of current income along with capital preservation. At least 80% of its assets are allocated to a diversified portfolio of mortgage-backed assets, including agency and private-label residential and commercial mortgage-backed securities, as well as related fixed income instruments. Managed by PIMCO, a firm renowned for its expertise in fixed income strategies, this fund operates within the nontraditional bond category, providing significant flexibility to manage interest rate and credit exposures. Notable features include a relatively high distribution yield paid monthly and a minimum initial investment of $1,000,000. The fund plays a significant role in institutional portfolios seeking diversified exposure to mortgage markets beyond traditional core fixed income allocations.
Performance
PMZIX had a total return of 7.00% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.42%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 27, 2026 | $0.03864 | Feb 27, 2026 |
| Jan 30, 2026 | $0.04278 | Jan 30, 2026 |
| Dec 31, 2025 | $0.0448 | Dec 31, 2025 |
| Dec 26, 2025 | $0.00495 | Dec 26, 2025 |
| Nov 28, 2025 | $0.04032 | Nov 28, 2025 |
| Oct 31, 2025 | $0.04752 | Oct 31, 2025 |