PIMCO Mortgage Opportunities and Bond Fund (PMZIX)
The fund seeks to achieve its investment objective by investing at least 80% of its assets in a portfolio of mortgage-related assets, including, but not limited to Agency residential and commercial mortgage-backed securities and private label residential and commercial MBS, and of Fixed Income Instruments, which may be represented by forwards or derivatives such as options, futures contracts or swap agreements. The average portfolio duration of this fund normally varies from (negative) 1 year to positive 8 years based on PIMCO's market forecasts.
Fund Info
| ISIN | US72201U6385 |
|---|---|
| Issuer | PIMCO |
| Inception Date | Oct 21, 2012 |
| Category | Nontraditional Bonds |
| Min. Investment | $1,000,000 |
| Asset Class | Bond |
Expense Ratio
PMZIX features an expense ratio of 0.60%, falling within the medium range.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: PMZIX vs. CLMVX, PMZIX vs. BIL, PMZIX vs. FSRNX, PMZIX vs. AGG, PMZIX vs. GIOIX
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in PIMCO Mortgage Opportunities and Bond Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
PIMCO Mortgage Opportunities and Bond Fund had a return of 4.37% year-to-date (YTD) and 9.47% in the last 12 months. Over the past 10 years, PIMCO Mortgage Opportunities and Bond Fund had an annualized return of 3.12%, while the S&P 500 had an annualized return of 10.98%, indicating that PIMCO Mortgage Opportunities and Bond Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 4.37% | 19.62% |
| 1 month | -2.32% | -0.06% |
| 6 months | 3.28% | 12.66% |
| 1 year | 9.47% | 34.63% |
| 5 years (annualized) | 2.35% | 13.25% |
| 10 years (annualized) | 3.12% | 10.98% |
Monthly Returns
The table below presents the monthly returns of PMZIX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.41% | 0.06% | 1.07% | -1.24% | 1.58% | 0.70% | 1.95% | 1.13% | 0.81% | 4.37% | |||
| 2023 | 2.03% | -0.53% | 0.40% | 0.47% | 0.16% | 0.60% | 0.45% | 0.05% | -0.96% | -1.44% | 3.28% | 2.35% | 6.98% |
| 2022 | -0.30% | -0.36% | -1.37% | -1.97% | -0.27% | -1.98% | 1.49% | -0.61% | -2.73% | -0.91% | 1.51% | 0.54% | -6.83% |
| 2021 | 0.52% | 0.16% | -0.27% | 0.56% | -0.01% | 0.36% | 0.65% | -0.01% | -0.10% | 0.00% | 0.09% | 0.10% | 2.08% |
| 2020 | 0.75% | 0.53% | -4.77% | 2.21% | 1.33% | 1.31% | 0.86% | 1.09% | 0.27% | 0.29% | 0.81% | 0.82% | 5.45% |
| 2019 | 0.55% | 0.25% | 0.74% | 0.36% | 0.39% | 0.53% | 0.46% | 0.29% | 0.43% | 0.64% | -0.09% | 0.37% | 5.02% |
| 2018 | -0.28% | -0.03% | 0.55% | -0.11% | 0.55% | 0.09% | 0.17% | 0.39% | 0.05% | 0.09% | 0.19% | -0.18% | 1.49% |
| 2017 | 0.72% | 0.52% | 0.29% | 0.61% | 1.00% | 0.19% | 0.52% | 0.99% | 0.09% | 0.26% | -0.01% | 0.15% | 5.46% |
| 2016 | 0.16% | -0.29% | 1.01% | 0.82% | 0.17% | 0.99% | 0.91% | 0.01% | 0.83% | 0.44% | -0.80% | 0.56% | 4.90% |
| 2015 | 0.71% | 0.25% | 0.36% | 0.45% | 0.28% | -0.09% | 0.39% | -0.10% | 0.27% | 0.20% | 0.08% | -0.14% | 2.70% |
| 2014 | 1.35% | 0.58% | 0.16% | 0.42% | 1.07% | 0.15% | 0.25% | 0.52% | -0.07% | 0.49% | 0.43% | -0.19% | 5.27% |
| 2013 | 0.91% | 0.52% | 0.52% | 1.04% | -0.37% | -1.74% | 0.08% | 0.07% | 1.26% | 1.08% | 0.33% | -0.25% | 3.46% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of PMZIX is 60, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for PIMCO Mortgage Opportunities and Bond Fund (PMZIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
PIMCO Mortgage Opportunities and Bond Fund provided a 7.24% dividend yield over the last twelve months, with an annual payout of $0.67 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.67 | $0.63 | $0.68 | $0.39 | $0.44 | $0.47 | $0.46 | $0.40 | $0.57 | $0.45 | $0.43 | $0.45 |
Dividend yield | 7.24% | 6.70% | 7.20% | 3.65% | 3.97% | 4.36% | 4.28% | 3.58% | 5.20% | 4.08% | 3.87% | 4.15% |
Monthly Dividends
The table displays the monthly dividend distributions for PIMCO Mortgage Opportunities and Bond Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.06 | $0.06 | $0.06 | $0.05 | $0.06 | $0.05 | $0.06 | $0.07 | $0.06 | $0.00 | $0.53 | ||
| 2023 | $0.05 | $0.05 | $0.06 | $0.04 | $0.04 | $0.05 | $0.04 | $0.04 | $0.05 | $0.06 | $0.06 | $0.09 | $0.63 |
| 2022 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.04 | $0.04 | $0.05 | $0.04 | $0.04 | $0.27 | $0.68 |
| 2021 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.07 | $0.39 |
| 2020 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.11 | $0.44 |
| 2019 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.15 | $0.47 |
| 2018 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.14 | $0.46 |
| 2017 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.08 | $0.40 |
| 2016 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.24 | $0.57 |
| 2015 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.12 | $0.45 |
| 2014 | $0.04 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.03 | $0.02 | $0.02 | $0.06 | $0.43 |
| 2013 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.05 | $0.45 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the PIMCO Mortgage Opportunities and Bond Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the PIMCO Mortgage Opportunities and Bond Fund was 9.46%, occurring on Oct 20, 2022. Recovery took 321 trading sessions.
The current PIMCO Mortgage Opportunities and Bond Fund drawdown is 2.32%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -9.46% | Dec 6, 2021 | 221 | Oct 20, 2022 | 321 | Feb 1, 2024 | 542 |
| -8.42% | Mar 4, 2020 | 16 | Mar 25, 2020 | 69 | Jul 2, 2020 | 85 |
| -3% | May 3, 2013 | 47 | Jul 10, 2013 | 80 | Oct 31, 2013 | 127 |
| -2.32% | Oct 2, 2024 | 19 | Oct 28, 2024 | — | — | — |
| -1.81% | Apr 1, 2024 | 19 | Apr 25, 2024 | 14 | May 15, 2024 | 33 |
Volatility
Volatility Chart
The current PIMCO Mortgage Opportunities and Bond Fund volatility is 0.91%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.