SPLS – PIMCO US Stocks PLUS Active Bond ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks total return which exceeds that of its benchmark index consistent with prudent investment management. The fund will invest, under normal circumstances, at least 80% of its assets in a combination of the Equity Portfolio and Fixed Income Portfolio, which may be represented by underlying funds, options, futures contracts, or swap agreements. The fund generally intends to consider the federal income tax impact of the manner in which it seeks to obtain and dispose of investment exposures. The fund’s benchmark index is the S&P 500 Index. The fund is non-diversified.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
SPLS	PIMCO US Stocks PLUS Active Bond Exchange Traded Fund	ETF	Open	—	—	Jan 15, 2026	$85.41M	0.180%	—	—	—

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