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PMBS vs PYLD

PIMCO Mortgage-Backed Securities Active Exchange-Traded Fund vs PIMCO Multisector Bond Active Exchange-Traded Fund

PMBS

PIMCO Mortgage-Backed Securities Active Exchange-Traded Fund

PIMCO

Annual cost

0.71%

Fund size

$1.3B

PYLD

PIMCO Multisector Bond Active Exchange-Traded Fund

PIMCO

Annual cost

0.64%

Fund size

$13.0B

Key differences

  • PYLD costs 0.07% less per year.
  • PYLD is significantly larger than PMBS — larger funds tend to be more liquid and less likely to close.
  • PMBS is classified as alternative, while PYLD is fixed income — different risk/return profiles.
  • PMBS follows a tactical allocation strategy; PYLD uses active selection.
  • PMBS has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

PMBSPYLD
Annual cost (TER)0.71%0.64%
Fund size (AUM)$1.3B$13.0B
Since19972023
Dividend yield4.98%5.88%
Asset classalternativefixed income
Regionglobal
Strategytactical allocationactive selection
CAGR 1Y+8.2%+7.9%
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y4.26%3.10%
Max drawdown-4.35%-4.52%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

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