PIMCO Active Bond Exchange-Traded Fund [BOND] Stock Forecast

With growing uncertainty about how much further interest rates could rise, investors may be changing gears toward actively managed fixed-income ETFs.

Exchange lived up to its potential as the most important industry conference of 2023. As ETFs continue to become the wrapper of choice, the convergence of thought leaders and experts created an unforgettable week in Miami.

Spread the word: the bonds are back in town, and they're back with real income. That was the focus of the “Changing Role of Bonds” panel at Exchange ETFs in Miami on Tuesday, where State Street Global Advisers managing director and Chief Investment Strategist for the U.S.

PIMCO has a reputation of delivering strong returns and consistently selects bonds with above-average yields, without significantly higher risk or volatility. PIMCO Active Bond ETF is a diversified, high-quality, less volatile fixed income fund, which may experience relatively less losses during any bearish or recessionary phase.

Six weeks after the first ETF, a bond fund, moved onto the floor of the New York Stock Exchange (NYSE), it was joined by two equity ETFs and one commodity ETF.

While actively managed ETFs are all the rage, passive funds still dominate total assets.

Human/digital hybrid used in bond fund aims to trim volatility.

It has been nearly 30 years since the first U.S.-listed ETF began trading, so it is rare to find a new first for the industry to occur. Yet today, the PIMCO Active Bond ETF (BOND) became the first active ETF to be traded from an actual booth on the New York Stock Exchange (NYSE) floor.

BOND aims to win in an environment where winning has been very challenging this year: active bond investing. It has not succeeded this year, or much in the past, but has somehow amassed nearly $3 Billion in assets under management.

BOND is a diversified, high-quality bond fund. It offers investors an above-average 3.0% yield, and index-beating returns.

PIMCO Active Bond Exchange-Traded Fund is a US stock and trading under the symbol BOND

PIMCO Active Bond Exchange-Traded Fund stock price is $93.09 today.

Yes, PIMCO Active Bond Exchange-Traded Fund is a publicly traded company.