PIMCO Senior Loan Active Exchange-Traded Fund
LONZ
New York Stock Exchange Arca- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- 650 Newport Center Drive Newport Beach CA United States of America 92660
- IPO Date
- Jun 9, 2022
- Website
- pimco.com
- Similar Companies
- Business
- PIMCO Senior Loan Active Exchange-Traded Fund (LONZ) is an actively managed exchange-traded fund that seeks to maximize current income consistent with prudent investment management and preservation of capital by investing primarily in floating-rate senior loans issued by U.S. and non-U.S. corporations; adjustable-rate corporate debt securities; portions of senior loans sold or traded to third parties; and other floating-rate and fixed-rate instruments, including high yield bonds, bank loans, derivatives, and other debt instruments. The fund offers exposure to a diversified portfolio of senior loans across various industries such as technology, healthcare, consumer discretionary, and industrials; employs PIMCO's proprietary investment process leveraging bottom-up credit research, macroeconomic analysis, and risk management; and provides daily liquidity through exchange trading on the NYSE Arca. LONZ operates globally with investments in loans denominated in multiple currencies, primarily targeting institutional and retail investors seeking income-oriented fixed income alternatives with lower duration risk. The fund is managed by PIMCO, a subsidiary of Allianz Global Investors, founded in 1971 and headquartered in Newport Beach, California. In recent developments, PIMCO announced enhancements to its active ETF suite in 2024, including expanded senior loan strategies amid rising interest rate environments; launched complementary income-focused ETFs to broaden fixed income offerings; and benefited from strategic inflows following strong performance relative to benchmarks like the Morningstar LSTA US Leveraged Loan Index. No major acquisitions, partnerships, or name changes have been reported for LONZ in the last 1-2 years.