PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund company info

What does PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund do?
PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund (NYSE:ZROZ) focuses on investments in U.S. Treasury bonds that have more than 25 years until maturity and do not pay interest before they mature. As an exchange-traded fund (ETF), ZROZ aims to replicate the performance of the ICE U.S. Treasury 20+ Year Zero Coupon Bond Index, providing investors exposure to long-duration U.S. Treasury bonds. The fund's objective centers on achieving returns that closely match the underlying index, emphasizing potential benefits from price appreciation of zero-coupon U.S. Treasury bonds. As zero-coupon bonds are purchased at a discount and mature at face value, ZROZ offers an opportunity for investors to engage in long-term fixed-income investments, seeking to capitalize on interest rate movements and adding a high-duration component to their portfolios.
PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund company media
Company Snapshot

Is PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund a public or private company?

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Ownership
Public

How many people does PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund employ?

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Employees
4,098

What sector is PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund in?

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Sector
ETF

Where is the head office for PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund?

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Head Office
Newport Beach, United States

What year was PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund founded?

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Year Founded
2009
What does PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund specialise in?
/Exchange-Traded Fund /Zero Coupon /US Treasury /25+ Years /Investment Management /Financial Services

What are the products and/or services of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund?

Overview of PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund offerings
Tracks an Index: ZROZ tracks the ICE BofAML Long U.S. Treasury Principal STRIPS Index. This index measures the performance of long-maturity zero-coupon U.S. Treasury bonds. These are essentially U.S. government bonds where the interest isn't paid out periodically but is instead accumulated and delivered as a lump sum at the bond's maturity.
Focus on Long-Term U.S. Treasuries: By investing in ZROZ, you gain exposure to a basket of long-maturity U.S. Treasuries. These bonds typically have maturities exceeding 20 years.
Passive Management: The ETF is passively managed, meaning it replicates the holdings of the underlying index and doesn't try to outperform it through security selection. The index provider, ICE BofAML, determines the specific bonds that are included in the index.
Interest Rate Sensitivity: The value of ZROZ can be sensitive to changes in interest rates. Generally, when interest rates rise, the price of existing bonds (including those held by ZROZ) can fall.
Expense Ratio: ZROZ has an expense ratio, which is a fee that covers the costs of operating the ETF. This fee is deducted from the ETF's returns.