ZROZ PIMCO 25+ Year Zero Coupon US Treasury Index ETF
What is ZROZ?
ZROZ 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
ZROZ's 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, which in turn produces volatile results compared with vanilla long-dated Treasurys. Despite the lack of coupons from the underlying zeroes, the fund itself makes quarterly distributions with proceeds from bonds sold at rebalance.
ZROZ Summary Data
Peers
Fund Flows
ZROZ Portfolio Data
ZROZ Index Data
ZROZ Portfolio Management
ZROZ Tax Exposures
ZROZ Fund Structure
Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of ZROZ. ZROZ is rated a N/A out of 5.
ZROZ Tradability
ZROZ Sector/Industry Breakdown
Benchmark
ZROZ Top 10 Holdings
ZROZ Performance Statistics
ZROZ Top 5 Countries
Benchmark
ZROZ Top 5 Currencies
Benchmark
ZROZ Avg Life Maturity Distribution
ZROZ OAS Breakdown
ZROZ Holdings Statistics
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