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PYLD vs PMBS

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

PYLD

PIMCO Multisector Bond Active Exchange-Traded Fund

PIMCO

Annual cost

0.64%

Fund size

$13.0B

PMBS

PIMCO Mortgage-Backed Securities Active Exchange-Traded Fund

PIMCO

Annual cost

0.71%

Fund size

$1.3B

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.
  • PYLD is classified as fixed income, while PMBS is alternative — different risk/return profiles.
  • PYLD 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

PYLDPMBS
Annual cost (TER)0.64%0.71%
Fund size (AUM)$13.0B$1.3B
Since20231997
Dividend yield5.88%4.98%
Asset classfixed incomealternative
Regionglobal
Strategyactive selectiontactical allocation
CAGR 1Y+7.9%+8.2%
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y3.10%4.26%
Max drawdown-4.52%-4.35%

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

Similar to PYLD and PMBS