PIMCO Senior Loan Active Exchange-Traded Fund
$49.24−0.06 (−0.11%)
- Expense ratio
- 0.73%
- Fund size
- $603M
- 1Y return
- +5.4%
- Yield · Last 12 months
- 8.82%
- Volume · 30D
- 0.1M sh
- NAV per share
- $49.24
- 52W range
The ETF.net LONZ Grade
Score 40 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.FScore 5Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.BScore 67Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.BScore 58Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.BScore 56Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.FScore 23Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.BScore 58Category rank
Our read on LONZ
CPIMCO's credit desk in an ETF wrapper: an actively run book of senior secured floating-rate loans that pays monthly. Priced right at the middle of a small, specialized peer group, with a manager pick behind every position instead of an index.
The Fund primarily seeks floating-rate income by investing at least 80% of assets in a diversified portfolio of senior secured loans, including related derivatives.
Why people hold it
- Actively run, not index-fed. PIMCO's team assembles roughly 100 loans, with at least 80% of assets in a diversified portfolio of senior secured loans and related derivatives.
- The coupons float. Senior loan rates reset off short-term benchmarks, so the income stream moves with rates rather than locking in at issue.
- Income arrives monthly, and the fund sits in the upper half of the handful of US senior loan ETFs on implementation quality.
Worth knowing
- The 0.73% fee lands at the senior loan category median but well above indexed options like FLBL at 0.45%. Active credit selection is what the spread buys.
- Roughly 100 loans is a concentrated book. Senior secured ranks these claims high in a borrower's capital structure, but single-name credit trouble still lands harder here.
- Floating rate cuts both ways. The same reset mechanism that lifts income when short-term rates climb pulls it down when they fall.
LONZ Holdings
- Bonds
- —
- 26%
- US DOLLAR
Geography
- United States100.00%
LONZ Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | LONZ |
|---|---|
| Year to date | +3.8% |
| 1 month | +0.7% |
| 3 months | +2.0% |
| 1 year | +5.4% |
| 3 years | +7.6% |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | LONZ |
|---|---|---|
| 2026 YTD | +3.8% | |
| 2025 | +5.6% | |
| 2024 | +9.8% | |
| 2023 | +12.6% | |
| 2022 | +0.8% |
LONZ in the news
ETF.net Research hasn’t filed on LONZ yet — coverage lands here as it’s written.
LONZ Dividends
- 8.82%
- $4.35
- $0.29 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 1, 2026 | Sep 3, 2026 | $0.29 |
| Aug 3, 2026 | Aug 5, 2026 | $0.32 |
| Jul 1, 2026 | Jul 6, 2026 | $0.35 |
| Jun 1, 2026 | Jun 3, 2026 | $0.35 |
| May 1, 2026 | May 5, 2026 | $0.38 |
| Apr 1, 2026 | Apr 3, 2026 | $0.38 |
| Mar 2, 2026 | Mar 4, 2026 | $0.38 |
| Feb 2, 2026 | Feb 4, 2026 | $0.38 |
| Dec 31, 2025 | Jan 5, 2026 | $0.39 |
| Dec 1, 2025 | Dec 3, 2025 | $0.39 |
| Nov 3, 2025 | Nov 5, 2025 | $0.39 |
| Oct 1, 2025 | Oct 3, 2025 | $0.35 |
LONZ Risk
- 2.3%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.23
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −4.2%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.07
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
LONZ Cost
- The middle half of Bank Loan funds
- Median 0.62%
Every other Bank Loan fund charges less.