BOND: Reasonable Investment-Grade Bond ETF, But Too High An Expense Ratio For A Buy Rating
BOND is an actively-managed investment-grade bond ETF managed by PIMCO. PIMCO Active Bond Exchange-Traded Fund ETF compares favorably to its benchmark, somewhat unfavorably to its peers, including IGEB. Good choice, but there are even better, cheaper bond ETFs out there.
BOND: Another Attractive Opportunity From Pimco
BOND has nearly doubled its AUM to $5.5 billion in the past two years and has outperformed its actively managed peers and passive benchmark. The fund primarily invests in investment-grade MBS bonds and Treasuries, with a portfolio duration of 6.5 years, placing it in the intermediate duration category. While BOND's annualized volatility of 7.4% is higher than the Bloomberg U.S. Aggregate Index's 5%, its superior total return performance suggests that the active management's risk-taking has been justified.
BOND: Questionable Exposure Outlook, Yet Probably A Hold Opportunity
PIMCO Active Bond Exchange-Traded Fund ETF is in focus as a volatile credit environment sets the scene for active bond management. BOND ETF's commentary suggests it remains committed to intermediate term treasuries, CLOs, and RMBS. Moreover, recent enterprise-wide commentary suggests that PIMCO is seeking EU exposure. We support intermediate-to-long-term U.S. treasury and CLO exposure. However, we highlight risks in RMBS and dislike the vehicle's disregard of investment grade corporate credit.
BOND: PIMCO's Active Management Is Worth Considering Right Now
Bond market volatility has surged, with yields moving from near zero to multi-decade highs, creating a complex credit environment. PIMCO's actively managed BOND ETF offers a diversified portfolio with a focus on intermediate maturities, outperforming passive funds like BND over the past decade. Active management by PIMCO has consistently delivered superior returns, leveraging market insights and flexibility to navigate economic changes.
How To Build A Portfolio With 4 ETFs: Part V
The Federal Reserve's recent rate cut and potential future cuts are expected to benefit bonds, real estate, and dividend stocks by lowering borrowing costs and increasing asset values. We revisit the four ETF portfolio, focusing on near-term rate cuts. The portfolio of these ETFs yields an average of 4.1% with a low expense ratio, positioning investors to capitalize on anticipated rate cuts.
BOND: Diversified Investment-Grade Bond Holdings, Growing 4.6% Yield, Above-Average Returns
BOND is a diversified bond ETF from PIMCO. It focuses on high-quality, investment-grade securities, mostly MBS. It sports an above-average 4.6% yield, and has slightly outperformed its benchmark since inception.
Prepare for Fed Rate Cuts With Active Bond ETFs
Now may be the ideal time to prepare client portfolios for rate cuts. The Federal Reserve has confirmed it is closer to its first rate cut.
ETF of the Week: PIMCO Active Bond ETF (BOND)
On this episode of the “ETF of the Week” podcast, VettaFi's Head of Research Todd Rosenbluth discussed the PIMCO Active Bond Exchange-Traded Fund (BOND) with Chuck Jaffe of “Money Life.” The pair talked about several topics regarding the fund to give investors a deeper understanding of the ETF overall.
ETF of the Week: PIMCO Active Bond ETF (BOND)
VettaFi's Head of Research Todd Rosenbluth discussed the PIMCO Active Bond ETF (BOND) 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.
BOND ETF: A Good Option For Core Fixed Income Exposure
The PIMCO Active Bond ETF has outperformed its benchmark through an actively managed strategy. We contrast BOND against comparable passively-managed indexed-ETFs. The fund's expense ratio is elevated but can be justified based on the wider dividend yield and potential for excess returns.
