PIMCO Senior Loan Active Exchange-Traded Fund
$48.83−0.04 (−0.09%)
- 0.73%
- $640M
- +5.2%
- 8.68%
- 0.1M sh
- $48.83
- low $48.77high $50.93
The ETF.net LONZ Grade
D
Score 39 out of 100
- 8 of 11
Score 39 of 100 falls in the D band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.F4 out of 100Rank 11 of 11Mission
Whether the fund did what it promised, tested against its stated mandate.B68 out of 100Rank 1 of 8Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B58 out of 100Rank 4 of 11Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C53 out of 100Rank 5 of 11Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.F18 out of 100Rank 11 of 11Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B58 out of 100Rank 5 of 11
Our read on LONZ
DPIMCO'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
- 353
- 30%
- Repo Bank America Repo 3.90% 10/13/2026
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.
Not enough history yet.Not enough history yet.
LONZ$10,525
Returns run to the Oct 12, 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 | +3.4% |
| 1 month | 0.0% |
| 3 months | +1.1% |
| 1 year | +5.2% |
| 3 years | +7.3% |
| 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 | +3.4% | |
| 2025 | +5.6% | |
| 2024 | +9.8% | |
| 2023 | +12.6% | |
| 2022 | +0.8% |
LONZ in the news
LONZ Dividends
- 8.68%
- $4.24
- $0.24 per share
- Monthly
Distribution history
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.
- 1.18
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
0.73%
LONZ0.73%
- The middle half of Bank Loan funds
- Median 0.62%
Every other Bank Loan fund charges less.
Other funds in Bank Loan
- BFTSLFirst Trust Senior Loan FundExpense ratio 0.70%1 year return +3.9%
- CFLBLFranklin Senior Loan ETFExpense ratio 0.45%1 year return +3.3%
- CSRLNState Street Blackstone Senior Loan ETFExpense ratio 0.70%1 year return +5.3%
- CFLRTPacer Aristotle Pacific Floating Rate High Income ETFExpense ratio 0.60%1 year return +5.0%
- DPFRLPGIM Floating Rate Income ETFExpense ratio 0.72%1 year return +6.1%