ETF Evaluator:
PIMCO Active Bond ETF (BOND)
Follow This ETF
(as of Jul 30)
Best Performing in Intermediate Core-Plus Bond Over the Last Year
| 10.5% | Infrastructure Capital Bond Income ETF (BNDS) |
| 7.0% | Monarch Ambassador Income ETF (MAMB) |
| 5.2% | PIMCO Active Bond ETF (BOND) |
| 4.8% | Nuveen Core Plus Bond ETF (NCPB) |
| 4.8% | Invesco Total Return Bond ETF (GTO) |
Risk
Index
Risk
Index
ETF Details
PIMCO Active Bond ETF Overview
PIMCO Active Bond ETF (BOND) is an actively managed Taxable Bond Intermediate Core-Plus Bond exchange-traded fund (ETF). PIMCO launched the ETF in 2012.
The investment seeks current income and long-term capital appreciation, consistent with prudent investment management.
The fund normally invests at least 80% of its assets in a diversified portfolio of Fixed Income Instruments of varying maturities, which may be represented by forwards or derivatives such as options, futures contracts, or swap agreement. It invests primarily in investment grade debt securities, but may invest up to 30% of its total assets in high yield securities, as rated by Moody's, S&P or Fitch, or, if unrated, as determined by PIMCO.
About PIMCO Active Bond ETF (BOND)
There are 3 members of the management team with an average tenure of 9.13 years: Jerome Schneider (2017), Daniel Hyman (2017) and David Braun (2017). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 1 primary benchmark: Bloomberg US Agg Bond TR USD index with a weighting of 100%. PIMCO Active Bond ETF has 1898 securities in its portfolio. The top 10 holdings constitute 80.5% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a diversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
PIMCO Active Bond ETF is part of the Fixed Income global asset class and is within the Taxable Bond ETF group. PIMCO Active Bond ETF has 17.3% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 0.0% There is 0.0% allocated to foreign stock, and 0.7% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 151.2% (133.9% domestic bond, 17.3% foreign bond and 0.0% convertible bond). PIMCO Active Bond ETF has -51.9% of the portfolio in cash.
Assets Under Management
The fund has $8 billion in total assets, which is above the $2 billion average for the Intermediate Core-Plus Bond category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
BOND Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The PIMCO Active Bond ETF expense ratio is average compared to funds in the Intermediate Core-Plus Bond category. PIMCO Active Bond ETF has an expense ratio of 0.54%, which is 18% higher than its category average, making the fund expense ratio grade a D. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. PIMCO Active Bond ETF has a portfolio turnover rate of 496%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 159% for the Intermediate Core-Plus Bond category.
Recently, in the month of June 2026, PIMCO Active Bond ETF returned 0.4%, which earned it a grade of A, as the Intermediate Core-Plus Bond category had an average return of 0.2%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
PIMCO Active Bond ETF has a trailing yield of 5.16%, which is above the 4.56% category average.
The fund normally distributes its income monthly and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
PIMCO Active Bond ETF Grades
Year to date, the ETF has returned 1.1%, 0.1 percentage points better than the category, which translates into a grade of B. The fund has returned 5.2% over the past year (grade of A), 5.2% over the past three years (grade of B) and 0.5% per year over the past five years (grade of D) and 2.2% per year over the past 10 years (grade of C).
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BOND Trailing NAV Total Returns Data as of 6/30/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| BOND Return (NAV) | 0.4% | 1.1% | 5.2% | 5.2% | 0.5% | 2.2% |
| BOND Return (Price) | 0.5% | 1.2% | 5.3% | 5.3% | 0.5% | 2.2% |
| NAV +/- Price Return | -0.076% | -0.099% | -0.136% | -0.030% | -0.027% | -0.003% |
| Intermediate Core-Plus Bond Avg | 0.2% | 1.1% | 4.3% | 5.1% | 0.8% | 2.3% |
| BOND Grade (NAV) | A | B | A | B | D | C |
| +/- Category (NAV) | 0.2% | -0.0% | 0.9% | 0.1% | -0.3% | -0.2% |
| BOND Tax-Cost Ratio | na | na | 2.1% | 2.0% | 1.7% | 1.5% |
BOND Annual NAV Total ReturnsData as of 6/30/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| BOND Return (NAV) | 1.1% | 8.5% | 2.7% | 6.3% | -14.5% | -0.6% | 7.6% | 8.7% | 0.2% | 4.8% | 3.1% |
| BOND Return (Price) | 1.2% | 8.4% | 2.8% | 6.5% | -14.6% | -0.8% | 7.8% | 8.5% | 0.4% | 4.8% | 2.8% |
| NAV +/- Price Ret | 0.103% | -0.009% | 0.012% | 0.024% | 0.004% | 0.314% | 0.022% | -1.7% | 120.0% | 0.0% | -11.3% |
| Intermediate Core-Plus Bond Avg | 0.9% | 7.4% | 2.9% | 6.6% | -13.1% | -0.8% | 8.0% | 9.8% | -0.2% | 4.3% | 4.9% |
| BOND Grade (NAV) | B | A | B | C | F | B | C | F | B | B | D |
| +/- Category | 0.1% | 1.0% | -0.2% | -0.3% | -1.4% | 0.2% | -0.4% | -1.1% | 0.4% | 0.4% | -1.8% |
| Risk Measures | |
| Beta: | 1.03 |
| R-Squared: | 99% |
| Standard Deviation: | 5.8% |
| Category Risk Index: | 1.05 |
| Category Risk Rating: | High |
| Total Risk Index: | 0.47 |
| Total Risk Rating: | Low |
| Portfolio Characteristics | |
| Yield: | 5.2% |
| Total Assets: | $ 8,311 Mil |
| Share Class Assets: | $ 8,311 Mil |
| Turnover: | 496.0% |
| Expense Ratio: | 0.54% |
| Index Fund: | No |
| Index Tracked: | Bloomberg US Agg Bond TR USD |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | Annually |
| Income Distribution Frequency: | Monthly |
Management Team
| Number of Managers: 3 | |||
| Longest Tenure: 9.1 years | |||
| Average Tenure: 9.1 years | |||
| Managers (Year): Schneider Jerome (2017), Hyman Daniel (2017), Braun David (2017) | |||
Portfolio Composition (as of 5/31/26)
| # of Holdings: | 1898 |
| % in Top 10 Holdings: | 80.5% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 17.3% |
Portfolio Allocation |
|
| Domestic Stock: | 0.0% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 0.7% |
| Domestic Bond: | 133.9% |
| Foreign Bond: | 17.3% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | -51.9% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | PIMCO |
| Phone Number: | 888-400-4383 |
| Website: | www.pimcoetfs.com/fundinfo |
| Inception Date: | February 29, 2012 |
Expenses and Fees
| Expense Ratio (%): | 0.54% (Rating: Avg) |
| Category Average Expense Ratio (%): | 0.46% |
