PYLD Fees and Costs — PIMCO Multisector Bond Active Exchange-Traded Fund
Data updated: 2026-09-14
The net expense ratio is 0.64%: a 0.65% management fee plus 0.09% other expenses, less a 0.10% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $318K in broker commissions, 0.0031% of average net assets, and portfolio turnover was 501%.
PYLD Fees and Expenses
Annual operating expenses and sales charges of PYLD. Prospectus, as of June 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.65% |
| 12b-1 fee | — |
| Other expenses | 0.09% |
| Gross expense ratio | 0.74% |
| Fee waiver | −0.10% |
| Net expense ratio | 0.64% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
PYLD Costs Over Time
On $10,000 invested in PYLD, assuming 5% a year before costs, total costs come to $405 over 5 years, cutting the return by 0.68% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.64%) | $67 | $210 | $366 |
| Trading costs (broker commissions) | $0 | $1 | $2 |
| Lost growth on money paid in costs | $0 | $10 | $37 |
| Total costs | $68 | $222 | $405 |
| Value after costs | $10,432 | $11,354 | $12,358 |
| Impact on return, per year | 0.68% | 0.68% | 0.68% |
PYLD Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending June 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0031%
- Total broker commissions: $318K
- Bought from dealers (principal trades, not a cost): $541.1B
- Portfolio turnover (prospectus): 501%
- Securities lending: none during the year
PYLD Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| RBC Capital Markets, LLC | $301K | 94.45% |
| Goldman Sachs & Co. LLC | $10K | 3.19% |
| J.P. Morgan Securities LLC | $6K | 2.03% |
| Cantor Fitzgerald & Co. | $582 | 0.18% |
| BGC Financial, L.P. | $285 | 0.09% |
| BNP Paribas Securities Corp. | $137 | 0.04% |
| SG Americas Securities, LLC | $36 | 0.01% |
PYLD Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $282.5B | 52.93% |
| Deutsche Bank Securities Inc. | $56.8B | 10.65% |
| Morgan Stanley & Co. LLC | $50.1B | 9.38% |
| Citigroup Global Markets Inc. | $47.1B | 8.83% |
| J.P. Morgan Securities LLC | $28.4B | 5.33% |
| Goldman Sachs & Co. LLC | $27.3B | 5.12% |
| Wells Fargo Securities, LLC | $16.3B | 3.06% |
| Mizuho Securities USA LLC | $13.0B | 2.44% |
| Barclays Capital Inc. | $8.2B | 1.54% |
| BMO Capital Markets Corp. | $3.9B | 0.74% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.