PIMCO Mortgage Opportunities and Bond Fund Institutional Class (PMZIX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
9.26
0.00 (0.00%)
May 19, 2026, 8:10 AM EST
Fund Assets13.56B
Expense Ratio2.14%
Min. Investment$1,000,000
Turnover1,120.00%
Dividend (ttm)0.53
Dividend Yield5.68%
Dividend Growth-21.02%
Payout FrequencyMonthly
Ex-Dividend DateApr 30, 2026
Previous Close9.26
YTD Return-0.08%
1-Year Return5.70%
5-Year Return13.31%
52-Week Low9.21
52-Week High9.50
Beta (5Y)n/a
Holdings3428
Inception DateOct 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.

Fund Family PIMCO
Category Abs Return Bond
Performance Rating Above Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol PMZIX
Share Class Institutional Class
Index ICE BofA SOFR Overnight Rate TR USD

Performance

PMZIX had a total return of 5.70% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.50%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

SymbolShare ClassExpense Ratio
PMZPXI-22.24%
PMZNXI-32.29%
PMZAXClass A2.54%
PMZCXClass C3.29%

Dividend History

Ex-DividendAmountPay Date
Apr 30, 2026$0.0411Apr 30, 2026
Mar 31, 2026$0.0417Mar 31, 2026
Feb 27, 2026$0.03864Feb 27, 2026
Jan 30, 2026$0.04278Jan 30, 2026
Dec 31, 2025$0.0448Dec 31, 2025
Dec 26, 2025$0.00495Dec 26, 2025
Full Dividend History