PYLD — PIMCO Multisector Bond Active Exchange-Traded Fund
Data updated: 2026-08-31
PYLD — PIMCO Multisector Bond Active Exchange-Traded Fund. Long Securitized (MBS/ABS/CMBS) Bond · $14.71B AUM. Holdings, fees, performance and SEC filings.
PYLD Fund Overview
PYLD — PIMCO Multisector Bond Active Exchange-Traded Fund is a US mutual fund managed by PIMCO ETF Trust, categorised as Long Securitized (MBS/ABS/CMBS) 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: Long Securitized (MBS/ABS/CMBS) Bond
- Assets under management: $14.71B
- 1-year return: 6.3%
- Ticker: PYLD
- SEC CIK: 0001450011
- SEC series ID: S000080425
- Share class ID: C000242819
PYLD Investment Objective and Strategy
PIMCO Multisector Bond 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 to maximize yield and long term capital appreciation 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 multi-sector portfolio of Fixed Income Instruments of varying maturities, which may be represented by forwards or derivatives such as options, futures contracts or swap agreements. Fixed Income Instruments include bonds, debt securities and other similar instruments issued by various U.S. and non-U.S. public- or private-sector entities. The Fund will not be managed to a benchmark, meaning the Fund can pursue investment opportunities as it sees fit (consistent with its disclosed investment guidelines) without regard to any benchmark index. In pursuing the Funds investment objective, PIMCO expects to emphasize investment strategies that are more strategic, or long-term in nature, with less emphasis on short-term, tactical trading strategies and security selection.
In addition, PIMCO will utilize an approach to seek to identify sectors and securities that are undervalued. The Funds investment program may involve a longer investment horizon designed to minimize trading volume and distinct investment strategies as compared with other PIMCO-advised funds with names, investment objectives and policies similar to the Fund. As a result, investments made by the Fund and the results achieved by the Fund at any given time are not expected to be the same as or similar to those made by such other PIMCO-advised funds. The Fund will generally allocate its assets among several investment sectors, without limitation, which may include: (i) high yield securities (junk bonds) and investment grade corporate bonds of issuers located in the United States and non-U.S. countries, including emerging market countries; (ii) fixed income securities issued by U.S.
and non-U.S. governments (including emerging market governments), their agencies and instrumentalities; (iii) mortgage-related and other asset backed securities; and (iv) foreign currencies, including those of emerging market countries. However, the Fund is not required to gain exposure to any one investment sector, and the Funds exposure to any one investment sector will vary over time. The Fund may invest in instruments of any maturity or duration but the average portfolio duration of this Fund is normally expected to vary from two to eight years based on Pacific Investment Management Company LLCs (PIMCO) market forecasts. 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.
The Fund may invest, without limitation, in high yield securities rated below investment grade by Moodys Ratings (Moodys), S&P Global Ratings (S&P) or Fitch Ratings, Inc. (Fitch), or if unrated, as determined by PIMCO. The Fund may invest, without limitation, in securities denominated in foreign currencies and in U.S. dollar-denominated securities of foreign issuers. The Fund may obtain foreign currency exposure (from non-U.S. dollar-denominated securities or currencies) without limitation. In addition, the Fund may invest, without limitation, in fixed income securities and instruments that are economically tied to emerging market countries. The Fund may invest, without limitation, in derivative instruments, such as options, futures contracts or swap agreements, or in mortgage- or asset-backed securities, subject to applicable law and any other restrictions described in the Funds prospectus or Statement of Additional Information.
The Fund may purchase or sell securities on a when-issued, delayed delivery or forward commitment basis and may engage in short sales. The Fund may, without limitation, seek to obtain market exposure to the securities in which it primarily invests by entering into a series of purchase and sale contracts or by using other investment techniques (such as buy backs or dollar rolls). The Fund may also invest in contingent convertible securities and up to 10% of its total assets in preferred securities.
PYLD Holdings
Top 10 holdings of PIMCO Multisector Bond Active Exchange-Traded Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| BofA Securities, Inc. | 7.26% |
| Umbs, Tba | 7.01% |
| Umbs, Tba | 6.55% |
| Umbs, Tba | 4.83% |
| Fannie Mae | 2.97% |
| BofA Securities, Inc. | 2.04% |
| Umbs, Tba | 1.78% |
| Umbs, Tba | 1.42% |
| United States Treasury | 1.20% |
| Freddie Mac | 1.06% |
PYLD Portfolio Allocation
Asset-class allocation of PIMCO Multisector Bond Active Exchange-Traded Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Securitized | 65.9% |
| Fixed Income | 43.0% |
| Cash & Equivalents | 11.1% |
| Loans | 2.8% |
| Derivatives | 2.0% |
| Real Estate | 0.7% |
| Equity | 0.4% |
| Other | 0.1% |
PYLD Performance
Total returns for PYLD (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 1.6% |
| 1 year | 6.3% |
| 3 years (annualised) | 8.0% |
PYLD Risk Information
Risk metrics for PYLD, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 2.9%
PYLD Costs and Fees
PYLD costs about $64 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.64%
- Gross expense ratio: 0.74%
- Portfolio turnover: 501%
- Brokerage commissions: 0.24 bps of average net assets (SEC N-CEN)
PYLD Cashflows
Over the 12 months to 2026-06, PIMCO Multisector Bond Active Exchange-Traded Fund had net inflows of $8.91B, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | $1.01B |
| 2026-05 | $631.82M |
| 2026-04 | $407.14M |
| 2026-03 | $355.79M |
| 2026-02 | $799.59M |
| 2026-01 | $1.41B |
PYLD Debt Constituents
Largest debt holdings of PIMCO Multisector Bond Active Exchange-Traded Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| United States Treasury | 1.20% |
| Republic Of Peru | 0.89% |
| Rd Michigan Prop Owner I | 0.84% |
| Republic Of South Africa | 0.79% |
| United States Treasury | 0.70% |
| United States Treasury | 0.69% |
| United States Treasury | 0.60% |
| Letra Tesouro Nacional | 0.55% |
| Beignet Investor LLC | 0.54% |
| Mex Bonos Desarr Fix Rt | 0.45% |
PYLD Prospectus and SEC Filings
Official PIMCO Multisector Bond 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 Long Securitized (MBS/ABS/CMBS) 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.