LONZ — PIMCO Senior Loan Active Exchange-Traded Fund
Data updated: 2026-08-31
LONZ — PIMCO Senior Loan Active Exchange-Traded Fund. Intermediate Corporate Bond · $574.01M AUM. Holdings, fees, performance and SEC filings.
LONZ Fund Overview
LONZ — PIMCO Senior Loan Active Exchange-Traded Fund is a US mutual fund managed by PIMCO ETF Trust, categorised as Intermediate Corporate Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: PIMCO ETF Trust
- Category: Intermediate Corporate Bond
- Assets under management: $574.01M
- 1-year return: 5.5%
- Ticker: LONZ
- SEC CIK: 0001450011
- SEC series ID: S000046484
- Share class ID: C000145158
LONZ Investment Objective and Strategy
PIMCO Senior Loan Active Exchange-Traded Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by PIMCO ETF Trust.
Investment objective
The Fund seeks current income, consistent with prudent investment management.
Principal investment strategy
The Fund seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its assets in a diversified portfolio of Senior Loans, which may be represented by forwards or derivatives such as options, futures contracts or swap agreements. Senior Loans include senior secured floating rate bank loans, also referred to as leveraged loans, bank loans and floating rate loans, that are first or second lien loans. The Fund may also invest in collateralized loan obligations and high-yield corporate debt securities, which may also be represented by forwards or derivatives such as options, futures contracts or swap agreements. A Senior Loan holds a senior position in the issuers capital structure and is typically secured by collateral such that, under normal circumstances, holders (such as the Fund) enjoy a priority claim to some or all of the issuers assets in the event of default as compared to other creditors of the issuer.
Floating rate bank loans generally pay interest at rates that adjust whenever a specified interest rate changes and/or reset on predetermined dates (such as the last day of a month or calendar quarter). The Fund may invest, without limitation, in high yield securities (junk bonds) rated below investment grade by Moodys Ratings (Moodys), or equivalently rated by S&P Global Ratings (S&P) or Fitch Ratings, Inc. (Fitch), or if, unrated, determined by PIMCO to be of comparable quality. In the event that ratings services assign different ratings to the same security, PIMCO will use the highest rating as the credit rating for that security. The Fund may also invest up to 20% of its total assets in securities denominated in foreign currencies. The Fund may invest without limit in U.S. dollar-denominated securities of foreign issuers.
The Fund will normally limit its net foreign currency exposure (from non-U.S. dollar-denominated securities or currencies) to 20% of its total assets. The Fund may invest in derivative instruments, such as credit default swap and total return swap agreements, interest rate swaps, futures and options, subject to applicable law and any other restrictions described in the prospectus or Statement of Additional Information. The Fund may purchase or sell securities on a when-issued, delayed delivery or forward commitment basis, including currency forwards, and may engage in short sales. The Fund may invest up to 20% of its total assets in preferred stock. The average portfolio duration of the Fund will normally vary within one year (plus or minus) of the portfolio duration of the securities comprising the Markit iBoxx USD Liquid Leveraged Loan Index, as calculated by PIMCO, which as of September 30, 2025 was 0.05 years.
Duration is a measure used to determine the sensitivity of a securitys price to changes in interest rates. The longer a securitys duration, the more sensitive it will be to changes in interest rates.
LONZ Holdings
Top 10 holdings of PIMCO Senior Loan Active Exchange-Traded Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Citigroup Global Markets, Inc. | 15.09% |
| BofA Securities, Inc. | 13.26% |
| Intercontinental Exchange, Inc. | 1.55% |
| Jane Street Group LLC | 1.24% |
| Beignet Investor LLC | 1.05% |
| Irb Holding Corp. | 1.04% |
| Bausch & Lomb Corporation | 0.99% |
| Whatabrands LLC | 0.98% |
| Ai Aqua Merger Sub, Inc. | 0.93% |
| Scih Salt Holdings, Inc. | 0.91% |
LONZ Portfolio Allocation
Asset-class allocation of PIMCO Senior Loan Active Exchange-Traded Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Loans | 82.2% |
| Cash & Equivalents | 29.2% |
| Fixed Income | 2.6% |
| Derivatives | 1.7% |
| Real Estate | 0.1% |
LONZ Performance
Total returns for LONZ (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 1.6% |
| 1 year | 5.5% |
| 3 years (annualised) | 7.9% |
LONZ Risk Information
Risk metrics for LONZ, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 1.8%
LONZ Costs and Fees
LONZ costs about $63 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.63%
- Gross expense ratio: 0.73%
- Portfolio turnover: 81%
- Brokerage commissions: 0.01 bps of average net assets (SEC N-CEN)
LONZ Cashflows
Over the 12 months to 2026-06, PIMCO Senior Loan Active Exchange-Traded Fund had net outflows of $148.46M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | $42.35M |
| 2026-05 | $156.41M |
| 2026-04 | $1.98M |
| 2026-03 | −$93.00M |
| 2026-02 | −$8.03M |
| 2026-01 | $2.04M |
LONZ Debt Constituents
Largest debt holdings of PIMCO Senior Loan Active Exchange-Traded Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Beignet Investor LLC | 1.05% |
| Rd Michigan Prop Owner I | 0.31% |
| Miter Brand / Miwd Borr | 0.29% |
| Coreweave, Inc. | 0.17% |
| Venture Global Lng, Inc. | 0.15% |
| Transdigm, Inc. | 0.12% |
| Gray Media, Inc. | 0.08% |
| Apld Computeco 2 LLC | 0.07% |
| Crc Insurance Group LLC | 0.07% |
| Asurion Llc/asurion Co. | 0.07% |
LONZ Prospectus and SEC Filings
Official PIMCO Senior Loan Active Exchange-Traded Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2025-10-24
- Prospectus (485BPOS) — filed 2023-10-26
- Prospectus supplement (497) — filed 2024-11-20
- Portfolio holdings (N-PORT) — filed 2026-08-31
- Portfolio holdings (N-PORT) — filed 2026-05-29
- Portfolio holdings (N-PORT) — filed 2026-03-02
- Annual census (N-CEN) — filed 2025-09-11
- Annual census (N-CEN) — filed 2024-09-12
Related Funds
Other Intermediate Corporate Bond funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.