Morningstar

PIMCO Mortgage Opportunities and Bond Fund Class I-3 PMZNX

Morningstar Medalist Rating
Medalist Rating as of | See PIMCO Investment Hub
  • NAV / 1-Day Return 8.85  /  −0.34 %
  • Total Assets 12.6B
  • Adj. Expense Ratio
    0.750%
  • Expense Ratio 2.290%
  • Distribution Fee Level High
  • Share Class Type Institutional
  • Category Securitized Bond - Diversified
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 1M
  • Status Open
  • TTM Yield 5.64%
  • Effective Duration 3.76 years

USD | NAV as of Oct 03, 2026 | 1-Day Return as of Oct 03, 2026, 12:10 AM GMT+0

Morningstar’s Analysis PMZNX

Will PMZNX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PMZNX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the PMZNX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of PMZNX’s parent organization’s priorities and whether they’re in line with investors’ interests.

An appealing option for mortgage exposure.

Senior Principal Eric Jacobson

Eric Jacobson

Senior Principal

Summary

Pimco Mortgage Opportunities overcomes the limitations of a focused strategy with some of the best management, analytical, and technological resources in the industry.

by Eric Jacobson
Rated on Published on

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Portfolio Holdings PMZNX

More PMZNX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 41.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

RFR USD SOFR/3.50000 03/18/26-5Y CME Receive

25.01 3B
Government

3 Month SOFR Future Mar 27

24.32 3B
Government

Federal National Mortgage Association 5%

23.16 3B
Securitized

RFR USD SOFR/1.75000 06/15/22-10Y CME Receive

12.20 2B
Government

Federal National Mortgage Association 6%

10.31 1B
Securitized

RFR USD SOFR/3.75000 03/18/26-7Y CME Receive

9.14 1B
Government

RFR USD SOFR/3.75000 12/18/24-10Y CME Receive

6.76 925M
Government

10 Year Treasury Note Future Sept 26

6.38 873M
Government

RFR USD SOFR/3.75000 06/20/24-7Y CME Receive

5.00 684M
Government

3 Month SOFR Future June 26

4.07 557M
Government

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