- ISIN
- US72201R5853
- Issuer
- PIMCO
- Inception Date
- Jun 21, 2023
- Region
- Global (Broad)
- Category
- Multisector Bonds
- Leveraged
- 1x (No leverage)
- Index Tracked
- No Index (Active)
- Domicile
- United States
- Distribution Policy
- Distributing
- Asset Class
- Bond
- Assets Under Management
- $13B
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
PYLD Performance Chart
PIMCO Multisector Bond Active Exchange-Traded Fund (PYLD) is up 1.2% since the beginning of the year. PYLD is currently trading at $26 per share.
Loading charts...
Returns By Period
PIMCO Multisector Bond Active Exchange-Traded Fund (PYLD) has returned 1.18% so far this year and 7.03% over the past 12 months.
PIMCO Multisector Bond Active Exchange-Traded Fund
- 1D
- 0.50%
- 1M
- 0.61%
- YTD
- 1.18%
- 6M
- 1.67%
- 1Y
- 7.03%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- 1.75%
- 1M
- -0.09%
- YTD
- 8.02%
- 6M
- 7.15%
- 1Y
- 22.78%
- 3Y*
- 19.45%
- 5Y*
- 11.73%
- 10Y*
- 13.53%
PYLD Monthly Returns History
Based on dividend-adjusted daily data since Jun 22, 2023, PYLD's average daily return is +0.03%, while the average monthly return is +0.63%. At this rate, an investment would double in approximately 9.2 years.
Historically, 73% of months were positive and 27% were negative. The best month was Nov 2023 with a return of +4.8%, while the worst month was Mar 2026 at -2.3%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 3 months.
On a daily basis, PYLD closed higher 53% of trading days. The best single day was Nov 14, 2023 with a return of +1.1%, while the worst single day was Apr 7, 2025 at -1.0%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.64% | 0.75% | -2.28% | 1.42% | 0.61% | 0.08% | 1.18% | ||||||
| 2025 | 0.96% | 1.65% | -0.08% | -0.15% | 0.61% | 1.72% | 0.08% | 1.48% | 1.09% | 0.67% | 0.75% | 0.40% | 9.57% |
| 2024 | 0.41% | -0.55% | 1.86% | -1.42% | 1.66% | 0.77% | 2.27% | 1.58% | 1.52% | -1.43% | 1.23% | -0.38% | 7.69% |
| 2023 | 0.16% | 0.54% | -0.23% | -1.95% | -1.32% | 4.78% | 3.54% | 5.46% |
Benchmark Metrics
PIMCO Multisector Bond Active Exchange-Traded Fund has an annualized alpha of 6.45%, beta of 0.09, and R2 of 0.10 versus S&P 500 Index. Calculated based on daily prices since June 22, 2023.
- This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (29.47%) than losses (21.69%) - typical of diversified or defensive assets.
- Beta of 0.09 may look defensive, but with R2 of 0.10 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
- R2 of 0.10 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 6.45%
- Beta
- 0.09
- R²
- 0.10
- Upside Capture
- 29.47%
- Downside Capture
- 21.69%
Expense Ratio
PYLD has an expense ratio of 0.55%, placing it in the medium range.
Return for Risk
Risk / Return Rank
PYLD ranks 74 for risk / return — better than 74% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for PIMCO Multisector Bond Active Exchange-Traded Fund (PYLD) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| PYLD | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.47 | ||
| Sortino ratioReturn per unit of downside risk | +0.90 | ||
| Omega ratioGain probability vs. loss probability | 1.46 | 1.34 | +0.12 |
| Calmar ratioReturn relative to maximum drawdown | 2.18 | 2.52 | -0.34 |
| Martin ratioReturn relative to average drawdown | 9.86 | 11.31 | -1.45 |
Dividends
Dividend History
PIMCO Multisector Bond Active Exchange-Traded Fund provided a 6.28% dividend yield over the last twelve months, with an annual payout of $1.66 per share.
| Period | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Dividend | $1.66 | $1.66 | $1.66 | $0.70 |
Dividend yield | 6.28% | 6.21% | 6.40% | 2.72% |
Monthly Dividends
The table displays the monthly dividend distributions for PIMCO Multisector Bond Active Exchange-Traded 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.12 | $0.12 | $0.12 | $0.12 | $0.13 | $0.61 | ||||||
| 2025 | $0.00 | $0.12 | $0.11 | $0.12 | $0.13 | $0.13 | $0.13 | $0.13 | $0.14 | $0.14 | $0.14 | $0.37 | $1.66 |
| 2024 | $0.00 | $0.11 | $0.23 | $0.12 | $0.12 | $0.14 | $0.12 | $0.13 | $0.13 | $0.13 | $0.16 | $0.28 | $1.66 |
| 2023 | $0.11 | $0.12 | $0.12 | $0.12 | $0.23 | $0.70 |
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.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the PIMCO Multisector Bond Active Exchange-Traded 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 Multisector Bond Active Exchange-Traded Fund was 4.52%, occurring on Oct 19, 2023. Recovery took 27 trading sessions.
The current PIMCO Multisector Bond Active Exchange-Traded Fund drawdown is 0.21%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2023 pullback2023 | -4.52%Oct 2023 | 3mo 7d | 1mo 10d | 4mo 17dJul 2023 - Nov 2023 |
2026 pullback2026 | -3.25%Mar 2026 | 25d | — | 3mo 12dMar 2026 - now |
2025 selloff2025 | -2.77%Apr 2025 | 7d | 1mo 19d | 1mo 26dApr 2025 - May 2025 |
2024 pullback2024 | -2.07%Nov 2024 | 1mo | 1mo 4d | 2mo 4dOct 2024 - Dec 2024 |
2024 pullback2024 | -1.96%Apr 2024 | 15d | 23d | 1mo 8dApr 2024 - May 2024 |
Drawdown Indicators
| PYLD | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -4.52% | -56.78% | +52.26% |
Max Drawdown (1Y)Largest decline over 1 year | -3.25% | -9.10% | +5.85% |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.90% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -0.21% | -2.83% | +2.62% |
Average DrawdownAverage peak-to-trough decline | -0.65% | -10.72% | +10.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.71% | 2.02% | -1.31% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with PYLD
Add PIMCO Multisector Bond Active Exchange-Traded Fund to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with PYLD