PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded FundZROZ
ZROZ
0
Funds holding %
of 6,831 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
250% more funds holding in top 10
Funds holding in top 10: 2 [Q2] → 7 (+5) [Q3]
100% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 16
28% more capital invested
Capital invested by funds: $592M [Q2] → $759M (+$167M) [Q3]
13% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 40
12% more funds holding
Funds holding: 118 [Q2] → 132 (+14) [Q3]
4.75% more ownership
Funds ownership: 42.91% [Q2] → 47.66% (+4.75%) [Q3]
56% less call options, than puts
Call options by funds: $17.1M | Put options by funds: $38.4M
Research analyst outlook
We haven’t received any recent analyst ratings for ZROZ.
Financial journalist opinion
Positive
Seeking Alpha
6 days ago
ZROZ: Yields Are Just Too High, Reiterating Buy
Despite recent challenges, I maintain a "Buy" rating on PIMCO 25+ Year Zero Coupon U.S. Treasury Index ETF for its long-term potential. Although the ZROZ ETF has underperformed recently I believe it offers a significant margin of safety and attractive yield. Risk-averse investors may wait for more economic and geopolitical clarity, but long-duration bonds remain an appealing trade for 2025 and beyond.
Positive
Seeking Alpha
1 week ago
ZROZ: If You Like Duration, You Will Love This Fund
ZROZ is a fixed-income ETF with a 27-year duration, highly sensitive to 30-year U.S. Treasury rate movements. Long rates are at the top of their historic range, expected to be range-bound between 4% and 5%. A 100 bps contraction in long rates could yield a 27% gain for ZROZ, making it an attractive buy.
Positive
Seeking Alpha
2 months ago
Undercovered ETFs: Nuclear, Uranium, China, India +
The 'Undercovered' Dozen series highlights lesser-covered ETFs, offering insights from various authors on potential investment opportunities and market trends. Global X Uranium ETF is seen as well-placed for a uranium bull market, driven by increasing demand for nuclear energy from major tech companies. iShares MSCI India ETF offers exposure to India's fast-growing economy, presenting perhaps a strong investment opportunity despite recent pullbacks due to shifts towards the Chinese market.
Negative
Seeking Alpha
3 months ago
ZROZ: Don't Be Confused By Macro Data
Despite recent volatility, I maintain a "Buy" rating on the ZROZ ETF as a recession hedge, given the uncertain economic outlook. Higher implied premiums may lead to worse performance of long-term US treasuries in a soft landing scenario. Potential downward revisions in non-farm payrolls data suggest long-term US Treasuries may see a sharp rally in early 2025.
Positive
Seeking Alpha
3 months ago
ZROZ: Recession Protection On Sale
The PIMCO 25+ Year Zero Coupon U.S. Treasury Index ETF tracks long-dated US government STRIPS, giving it increased interest rate sensitivity. The current 4.5% yield on long-dated US treasuries is well above the Fed's neutral rate and should deliver higher returns relative to the short end of the curve. A 4.5% nominal annual return for 25-30 years will likely lag behind riskier alternatives such as equities or real estate.
Neutral
Seeking Alpha
4 months ago
Rates Spark: ECB Presser Bear-Flattened The Curve
The ECB cut rates by 25bp as widely anticipated, but a slightly hawkish tilt bear flattened the EUR curve, which in our view remains priced aggressively. In the US, as the markets head towards the Fed's first rate cut, the probability of a larger cut rose slightly on Thursday.
Positive
Zacks Investment Research
4 months ago
ETFs Soaring on Treasuries' Longest Winning Streak in 3 Years
Treasuries are poised for their longest monthly winning streak in three years on September rate cut bets.
Negative
ETF Trends
5 months ago
DoubleLine on Recession, Current Positioning, and U.S. Debt
Are we going to have a recession? Are we already in a recession?
Positive
Zacks Investment Research
5 months ago
Treasury ETFs Gaining on Slowdown Concerns, Rate Cut Bets
The recent equity rout has led investors to seek refuge in Treasury securities, perceived as safe-haven assets.
Negative
Seeking Alpha
7 months ago
ZROZ ETF: Better Staying On The Sidelines For Now
ZROZ ETF is a long-term zero-coupon bond vehicle managed by PIMCO, which has shed nearly 15% of its value in the past year. We believe the volatile interest rate environment makes this long-duration bond vehicle unattractive. A rising term premium and liquidity worries might dampen ZROZ's pricing and dividend-based prospects.
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