ZROZ PIMCO 25+ Year Zero Coupon US Treasury Index ETF

Price $138.13
Today's Change 0.01 (0.01%)
Today's Volume 2.9 K
10:58am (ET) 08/25/16

Overall Rating

C

57
as of 08/25/16

Rating Details

75
87
57
Segment Average
  • Overview
  • Efficiency
    75
  • Tradability
    87
  • Fit
    57

ZROZ Fund Description

The PIMCO 25+ Year Zero Coupon U.S. Treasury Index Fund tracks a market-weighted index comprising separate trading of registered interest and principal of Securities (STRIPs), with a remaining maturity of 25 years+.

ZROZ FactSet Analytics Insight

Expect a wild ride here: ZROZ’sparticularly sensitive to interest-rate risk high-duration play makes it hypersensitive to every twitch in interest rates. It tracks an index of long-term Treasurys with coupon cash flows removed, leaving only the principal repayment at the end. Called STRIPs, these securities are sold at deep discount to face value and make no interest payments until they mature at par. Since STRIPs are zero coupon bonds, they are particularly sensitive to interest-rate risk. As a result, the fund's effective duration is much higher than our benchmark, which in turn produces volatile results compared with vanilla long-dated Treasurys. Costs are also unpredictable as ZROZ tracks its index poorly and isn’t easy to trade. Despite the lack of coupons from the underlying zeroes, the fund itself makes quarterly distributions with proceeds from bonds sold at rebalance.

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
Performance [as of 08/24/16] 1 Month 3 Month YTD 1 Year 3 Years 5 Years 10 Years
ZROZ1.52%12.41%27.48%18.62%20.50%13.20%--
ZROZ (NAV)1.39%13.03%26.63%19.29%20.63%13.39%--
BofA Merrill Lynch Long Treasury Principal STRIPS Index1.69%13.14%26.84%19.59%20.95%13.24%--
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

ZROZ Top 10 Countries

ZROZ Top 10 Sectors

ZROZ Top 10 Holdings

ZROZ Summary Data

PIMCO
10/30/09
Open-Ended Fund
0.15%
$370.65 M
$6.26 M
0.27%

ZROZ Portfolio Data

26.9
27.29 Years
2.72%
10/03/16
21

ZROZ Index Data

BofA Merrill Lynch Long Treasury Principal STRIPS Index
Market Value
Market Value
Barclays Long U.S. Treasury Index

Related ETFs to ZROZ

EDV, TLT
Total Return
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
Performance [as of 08/24/16] 1 Month 3 Month YTD 1 Year 3 Years 5 Years 10 Years
ZROZ1.52%12.41%27.48%18.62%20.50%13.20%--
ZROZ (NAV)1.39%13.03%26.63%19.29%20.63%13.39%--
BofA Merrill Lynch Long Treasury Principal STRIPS Index1.69%13.14%26.84%19.59%20.95%13.24%--
Barclays Long U.S. Treasury Index6.14%6.44%-1.72%19.30%10.45%10.33%8.79%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

ZROZ Portfolio Management

0.15%
-0.25%
1.49%
-1.58%

ZROZ Tax Exposures

20.00% / 39.60%
--
Ordinary income
No

ZROZ Fund Structure

Open-Ended Fund
No
No
100% / 0%
N/A
N/A
Low
Daily
Average Spread
Premium/Discount
Volume

ZROZ FactSet Analytics Block Liquidity

As of 08/25/16
5
4
3
2
1

This measurement shows how easy it is to trade 25,000 shares of ZROZ. ZROZ is rated a 5 out of 5.

ZROZ Tradability

45,701
$6.26 M
25,812
$3.53 M
0.27%
$0.37
0.11%
0.82% / -0.84%
None
100.00%
50,000
0.52
0.01%
--
765
$138.12
5

ZROZ Performance Statistics

0.97
1.56
1.52
1.60
0.58%