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
US72201U6385
Oct 21, 2012
$1,000,000
Expense Ratio
PMZIX has an expense ratio of 0.60%, placing it in the medium range.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
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Returns By Period
PIMCO Mortgage Opportunities and Bond Fund (PMZIX) returned 2.67% year-to-date (YTD) and 7.08% over the past 12 months. Over the past 10 years, PMZIX returned 3.36% annually, underperforming the S&P 500 benchmark at 10.45%.
PMZIX
2.67%
0.50%
3.25%
7.08%
3.39%
3.36%
^GSPC (Benchmark)
-3.77%
3.72%
-5.60%
8.55%
14.11%
10.45%
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 0.84% | 1.70% | 0.37% | 0.39% | -0.64% | 2.67% | |||||||
| 2024 | 0.41% | 0.07% | 1.07% | -1.24% | 1.57% | 0.70% | 1.95% | 1.13% | 0.81% | -1.60% | 1.05% | -0.27% | 5.74% |
| 2023 | 2.02% | -0.53% | 0.41% | 0.47% | 0.16% | 0.60% | 0.45% | 0.06% | -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% | 1.50% | 0.54% | -6.84% |
| 2021 | 0.52% | 0.16% | -0.27% | 0.56% | -0.02% | 0.36% | 0.65% | -0.01% | -0.10% | 0.00% | 0.08% | 0.10% | 2.05% |
| 2020 | 0.75% | 0.52% | -4.77% | 2.21% | 1.33% | 1.30% | 0.85% | 1.09% | 0.27% | 0.28% | 0.81% | 0.83% | 5.43% |
| 2019 | 0.55% | 0.25% | 0.74% | 0.36% | 0.39% | 0.52% | 0.46% | 0.29% | 0.43% | 0.64% | -0.09% | 0.36% | 5.02% |
| 2018 | -0.27% | -0.02% | 0.56% | -0.10% | 0.55% | 0.09% | 0.17% | 0.39% | 0.06% | 0.09% | 0.19% | -0.17% | 1.55% |
| 2017 | 0.72% | 0.52% | 0.29% | 0.61% | 1.00% | 0.19% | 0.52% | 0.99% | 0.09% | 0.26% | -0.00% | 0.16% | 5.49% |
| 2016 | 0.16% | -0.29% | 1.01% | 0.82% | 0.17% | 0.99% | 0.91% | 0.01% | 0.83% | 0.44% | -0.80% | 0.60% | 4.95% |
| 2015 | 0.71% | 0.25% | 0.36% | 0.45% | 0.28% | -0.09% | 0.39% | -0.10% | 0.27% | 0.20% | 0.08% | -0.11% | 2.73% |
| 2014 | 1.35% | 0.58% | 0.16% | 0.42% | 1.07% | 0.14% | 0.25% | 0.52% | -0.07% | 0.49% | 0.43% | -0.17% | 5.29% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 92, PMZIX is among the top 8% of mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
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.
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Dividends
Dividend History
PIMCO Mortgage Opportunities and Bond Fund provided a 7.18% dividend yield over the last twelve months, with an annual payout of $0.67 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.67 | $0.70 | $0.63 | $0.68 | $0.39 | $0.43 | $0.47 | $0.47 | $0.40 | $0.57 | $0.45 | $0.43 |
Dividend yield | 7.18% | 7.58% | 6.69% | 7.19% | 3.62% | 3.95% | 4.35% | 4.34% | 3.61% | 5.24% | 4.11% | 3.89% |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.06 | $0.05 | $0.04 | $0.05 | $0.00 | $0.19 | |||||||
| 2024 | $0.06 | $0.06 | $0.06 | $0.05 | $0.06 | $0.06 | $0.06 | $0.07 | $0.06 | $0.06 | $0.06 | $0.06 | $0.70 |
| 2023 | $0.05 | $0.05 | $0.06 | $0.04 | $0.05 | $0.05 | $0.04 | $0.05 | $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 | $0.43 |
| 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 | $0.47 |
| 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 | $0.25 | $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 | $0.13 | $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 |
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.
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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 0.89%.
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 | 67 | Feb 5, 2025 | 86 |
| -2.02% | Apr 7, 2025 | 5 | Apr 11, 2025 | — | — | — |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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