PIMCO RAFI Dynamic Multi-Factor International Equity ETF
MFDX
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
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- 650 Newport Center Drive Newport Beach CA United States of America 92660
- IPO Date
- Sep 7, 2017
- CIK
- 0001479360
- Website
- pimco.com
- Similar Companies
- Business
- PIMCO RAFI Dynamic Multi-Factor International Equity ETF (MFDX) is an exchange-traded fund that tracks the RAFI Dynamic Multi-Factor Developed Ex-U.S. Index, providing exposure to international developed-market equities selected and weighted based on a dynamic combination of fundamental and technical factors including value, low volatility, quality, momentum, and size. The fund invests primarily in total market equity securities from non-U.S. developed markets, with approximately 96.85% allocated to non-U.S. stocks across sectors such as financials, consumer staples, and industrials; top holdings include British American Tobacco p.l.c., Roche Holding AG, Unilever PLC, Nintendo Co., Ltd., and Iberdrola S.A. Launched on August 31, 2017, and managed by Pacific Investment Management Company LLC (PIMCO), a subsidiary of Allianz SE founded in 1971 and headquartered in Newport Beach, California, MFDX operates globally with a focus on developed markets outside the United States, including Europe, Japan, and Australia; it distributes dividends quarterly via 1099 taxation, maintains full holdings transparency without derivatives or currency hedging, and carries a net expense ratio of 0.39%. The ETF targets investors seeking diversified, smart beta exposure to international equities through a tiered weighting methodology that adjusts factor tilts based on market conditions to enhance return potential relative to traditional market-cap weighted benchmarks. MFDX features approximately 1,200 holdings, a market capitalization of around $350 million in assets under management, and a dividend yield of approximately 2.8% as of recent data. It trades on NYSE Arca under the ticker MFDX, with shares created in units of 200,000 and no options available. Recent developments for MFDX include quarterly dividend declarations, such as $0.22 per share in April 2025 and $0.21 per share in December 2024, alongside sustained asset growth to over $350 million amid strong performance with year-to-date returns exceeding 19% and a 52-week range from $28.52 to $35.94. PIMCO, the fund's issuer, has pursued broader strategic initiatives such as integrating European ETF ranges following the end of its distribution partnership with Invesco in June 2025 and reorganizing closed-end municipal bond funds into consolidated vehicles for enhanced efficiency, though no specific acquisitions, partnerships, or product launches directly impact MFDX in the last 1-2 years. The fund maintains stable operations with ongoing institutional interest, evidenced by holdings from firms like Janney Montgomery Scott LLC.