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PRFD vs PMBS

PIMCO Preferred And Capital Securities Active Exchange-Traded Fund vs PIMCO Mortgage-Backed Securities Active Exchange-Traded Fund

PRFD

PIMCO Preferred And Capital Securities Active Exchange-Traded Fund

Annual cost

0.73%

Fund size

$212M

PMBS

PIMCO Mortgage-Backed Securities Active Exchange-Traded Fund

Annual cost

0.71%

Fund size

$1.3B

Key differences

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

Side-by-side comparison

PRFDPMBS
Annual cost (TER)0.73%0.71%
Fund size (AUM)$212M$1.3B
Since20231997
Dividend yield5.70%4.98%
Asset classfixed incomealternative
Regionglobal
Strategyactive selectiontactical allocation
CAGR 1Y+8.5%+8.4%
CAGR 3Y+9.7%N/A
CAGR 5YN/AN/A
Sharpe 3Y1.52N/A
Volatility 1Y3.21%4.24%
Max drawdown-11.93%-4.35%

Similar to PRFD and PMBS