ZROZ (ZROZ)

The ZROZ ETF, managed by PIMCO, focuses on long-term zero-coupon U.S. Treasury bonds (STRIPs), making it highly sensitive to interest rate fluctuations. It tracks the ICE BofA Long US Treasury Principal STRIPS index and distributes dividends quarterly despite the underlying bonds not having coupons. The ETF boasts an expense ratio of 0.15% and has a dividend yield of 5.43%.

The ZROZ ETF, issued by Allianz SE under the PIMCO brand, tracks the ICE BofA Long US Treasury Principal STRIPS index and invests in long-term zero-coupon US Treasury bonds. It is highly sensitive to interest rate changes due to its high effective duration, leading to volatile results. ZROZ has an expense ratio of 0.15%, a dividend yield of 5.01%, and currently trades at a slight premium to its NAV.

This article provides a detailed profile of the PIMCO 25 Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund (ZROZ), highlighting its dividends, returns, and key characteristics. It outlines the ETF's structure as a high-duration play on long-term Treasury STRIPs, making it sensitive to interest rate changes. The profile also covers asset management, expense ratio, inception date, and answers frequently asked questions regarding its performance and dividend distributions.