PIMCO Mortgage Opportunities and Bond Fund Institutional Class (PMZIX)
| Fund Assets | 12.24B |
| Expense Ratio | 2.14% |
| Min. Investment | $1,000,000 |
| Turnover | 1,120.00% |
| Dividend (ttm) | 0.62 |
| Dividend Yield | 6.63% |
| Dividend Growth | -11.27% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | n/a |
| Previous Close | 9.39 |
| YTD Return | 2.76% |
| 1-Year Return | 3.77% |
| 5-Year Return | 11.56% |
| 52-Week Low | 9.12 |
| 52-Week High | 9.53 |
| Beta (5Y) | n/a |
| Holdings | 3072 |
| 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 3.77% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.28%.
Top 10 Holdings
63.75% of assets| Name | Symbol | Weight |
|---|---|---|
| UMBS PASS THRU POOLS - FNMA TBA 30 YR 6.5 SINGLE FAMILY MORTGAGE | FNCL.6.5 6.11 | 21.05% |
| UMBS PASS THRU POOLS - FNMA TBA 30 YR 4.5 SINGLE FAMILY MORTGAGE | FNCL.4.5 6.11 | 8.60% |
| UMBS PASS THRU POOLS - FNMA TBA 30 YR 6.5 SINGLE FAMILY MORTGAGE | FNCL.6.5 5.11 | 6.06% |
| GNMA PASS THRU POOLS - GNMA II TBA 30 YR 3 JUMBOS | n/a | 5.96% |
| GNMA PASS THRU POOLS - GNMA II TBA 30 YR 4.5 JUMBOS | G2SF.4.5 5.11 | 5.18% |
| UMBS PASS THRU POOLS - FNMA TBA 30 YR 7 SINGLE FAMILY MORTGAGE | FNCL.7 5.11 | 4.30% |
| GNMA PASS THRU POOLS - GNMA II TBA 30 YR 4 JUMBOS | G2SF.4 5.11 | 3.72% |
| UMBS PASS THRU POOLS - FNMA TBA 30 YR 5 SINGLE FAMILY MORTGAGE | FNCL.5 4.11 | 3.18% |
| GNMA PASS THRU POOLS - GNMA II TBA 30 YR 5 JUMBOS | G2SF.5 5.11 | 2.95% |
| UMBS PASS THRU POOLS - FNMA TBA 30 YR 3.5 SINGLE FAMILY MORTGAGE | FNCL.3.5 5.11 | 2.75% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 31, 2025 | $0.04433 | Jul 31, 2025 |
| Jun 30, 2025 | $0.0435 | Jun 30, 2025 |
| May 30, 2025 | $0.04896 | May 30, 2025 |
| Apr 30, 2025 | $0.0459 | Apr 30, 2025 |
| Mar 31, 2025 | $0.04437 | Mar 31, 2025 |
| Feb 28, 2025 | $0.04676 | Feb 28, 2025 |