PIMCO Multisector Bond Active ETF (PYLD)
ARCA ARCA Primary 
PYLD: Monetizing Mortgage Spread
PIMCO Multisector Bond Active ETF offers diversified fixed income exposure with active management, focusing on income and capital appreciation. PYLD maintains a low volatility profile, high turnover, and significant allocation to agency mortgage-backed securities, benefiting from current market conditions. The fund's flexible, benchmark-agnostic strategy allows dynamic duration and sector allocation, adapting to changing interest rate environments.
PYLD: PIMCO's Active ETF Is Still Growing And Offering Attractive Returns
PIMCO Multisector Bond Active ETF remains a buy due to its balanced, rates-focused portfolio, overweighting MBS and securitized credit while underweighting overvalued IG and HY corporate credit. The fund's strong 8.4% total return is driven mainly by attractive yields, with low annualized volatility and a 5.4% SEC yield. PYLD's intermediate duration (4.5 years) is well-positioned for the current macro environment, offering flexibility and resilience to rate changes.
ETF of the Week: PIMCO Multisector Bond Active ETF (PYLD)
VettaFi's Head of Research Todd Rosenbluth discussed the PIMCO Multisector Bond Active ETF (PYLD) on this week's “ETF of the Week” podcast with Chuck Jaffe of “Money Life.” For more news, information, and analysis, visit VettaFi | ETF Trends.
The Benefits of Active Diversified Bond Exposure
Throughout the summer, we've seen central banks from developed markets worldwide begin to cut interest rates. While this bodes well for the individual countries, another market concern may be on the horizon.
PYLD: Diversified Multi-Asset Class Bond ETF, Above-Average 5.5% Yield, Strong Outperformance
PYLD is a diversified multi-sector bond ETF from PIMCO. The fund focuses on MBS and CMOs, with a good credit quality and leverage that boosts yield and returns. It sports an above-average 5.5% yield, and has outperformed most of its peers since inception.
PYLD: CMOs Are Still Attractive, Reiterate Buy
PYLD is an actively managed fixed income ETF from PIMCO and highlights its advantages in the current market environment. PYLD offers a high distribution yield (5.96%) and the potential for further returns through active management. The fund benefits from its overweight allocation to CMOs (collateralized mortgage obligations) which are less sensitive to credit spreads compared to traditional bonds.
