PIMCO 25+ Year Zero Coupon US Treasury Index ETFFind Ratings Reports
- Last Ratings Update:12/31/2021
- Price as of 12/31/2021 :$152.28
- Net Assets:$64.8 Million
- Peer Rank:4 of 58
- Investment Rating:C
We rate PIMCO 25+ Year Zero Coupon US Treas at C. This overall rating indicates it is among the top 10% of all closed end funds in its peer group. Positive factors that influence this rating include a low price volatility, low expense structure and long term portfolio management tenure. The fund invests approximately 100% of its assets in bonds and may be considered for investors seeking a Government Bond strategy.
POSITIVES AND RISKS
Total return ranks below peers over the last three years. The PIMCO 25+ Year Zero Coupon US Treas has returned an annual rate of 9.11% since inception. More recently, the fund has generated a total return of 8.95% in the last five years, 12.30% in the last three years, and -5.23% in the last year. How does that compare to other equity funds? In the last five years, it has outperformed 51% of them. It has also outpaced 46% of its competitors on a three year basis and 9% of them over the last year for the period ending 12/31/2021. On a year to date basis, ZROZ has returned -5.23%.
Downside risk has been below average. ZROZ has a draw down risk of -28.30%, which is the largest price decline experienced over the last three years. This fund has a three year standard deviation of 20.3%. This fund has experienced a high level of volatility in its monthly performance over the last 36 months. As of 12/31/2021, the fund was trading at a price of $152.28, which is 6.9% below its 52-week high of $163.61 and 1.5% above its 52-week low of $150.09.
Low expense ratio helps performance. On total assets of $64.80 million, ZROZ maintains a low expense ratio compared to its Government Bond peers of just 0.15% to cover all operating costs. Brokerage costs for the fund to buy and sell shares are not included in the expense ratio. As ZROZ is an exchange traded fund, it has no front end or back end load.
The PIMCO 25+ Year Zero Coupon US Treas is managed by Matthew P. Dorsten at PIMCO. This fund is one of 37 PIMCO exchange-traded funds launched since 8/27/1993 that we track.