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Upturn AI SWOT - About
PIMCO Mortgage-Backed Securities Active Exchange-Traded Fund (PMBS)
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Upturn Advisory Summary
02/07/2025: PMBS (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type Stock | Historic Profit -0.29% | Avg. Invested days 2 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  1.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 02/07/2025 |
Key Highlights
Company Size - | Market Capitalization 0 USD | Price to earnings Ratio - | 1Y Target Price - |
Price to earnings Ratio - | 1Y Target Price - | ||
Volume (30-day avg) 115876 | Beta - | 52 Weeks Range 46.84 - 49.32 | Updated Date - |
52 Weeks Range 46.84 - 49.32 | Updated Date - | ||
Dividends yield (FY) - | Basic EPS (TTM) - |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin - | Operating Margin (TTM) - |
Management Effectiveness
Return on Assets (TTM) - | Return on Equity (TTM) - |
Valuation
Trailing PE - | Forward PE - | Enterprise Value - | Price to Sales(TTM) - |
Enterprise Value - | Price to Sales(TTM) - | ||
Enterprise Value to Revenue - | Enterprise Value to EBITDA - | Shares Outstanding - | Shares Floating - |
Shares Outstanding - | Shares Floating - | ||
Percent Insiders - | Percent Institutions - |
Analyst Ratings
Rating - | Target Price - | Buy - | Strong Buy - |
Buy - | Strong Buy - | ||
Hold - | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
PIMCO Mortgage-Backed Securities Active Exchange-Traded Fund
Company Overview
History and Background
PIMCO Mortgage-Backed Securities Active Exchange-Traded Fund (MBB) was created to provide investors with exposure to the U.S. mortgage-backed securities market through an actively managed ETF. It leverages PIMCO's expertise in fixed income and mortgage-backed securities.
Core Business Areas
- Mortgage-Backed Securities Investment: MBB primarily invests in mortgage-backed securities issued by U.S. government agencies and instrumentalities, such as Fannie Mae, Freddie Mac, and Ginnie Mae.
Leadership and Structure
PIMCO is a subsidiary of Allianz SE. The fund is managed by portfolio managers specializing in fixed income and mortgage-backed securities.
Top Products and Market Share
Key Offerings
- PIMCO Mortgage-Backed Securities Active ETF (MBB): An actively managed ETF providing exposure to U.S. mortgage-backed securities. Market share varies depending on AUM and trading volume relative to other mortgage-backed securities ETFs and mutual funds. Competitors include iShares MBS ETF (MBB), Vanguard Mortgage-Backed Securities ETF (VMBS), and SPDR Portfolio Mortgage Backed Bond ETF (SPMB).
Market Dynamics
Industry Overview
The mortgage-backed securities market is influenced by interest rates, housing market conditions, and government policies related to housing finance. It is a significant part of the broader fixed income market.
Positioning
MBB leverages PIMCO's active management to potentially outperform passive mortgage-backed securities ETFs by selecting securities and managing duration and credit risk. PIMCO aims to provide relatively attractive yield compared to other fixed-income investments.
Total Addressable Market (TAM)
The total market value of U.S. mortgage-backed securities is in the trillions of dollars. MBB is positioned to capture a share of this market through active management.
Upturn SWOT Analysis
Strengths
- Active Management Expertise (PIMCO)
- Exposure to the U.S. Mortgage Market
- Liquidity of an ETF
- Strong brand recognition
Weaknesses
- Higher expense ratio compared to passive ETFs
- Active management can underperform the benchmark
- Interest rate sensitivity
Opportunities
- Rising interest rate environment (potential for active management to add value)
- Increased demand for fixed income investments
- Expansion of the ETF market
Threats
- Interest rate risk
- Credit risk (mortgage defaults)
- Competition from other fixed income ETFs
- Changes in government policies regarding housing finance
Competitors and Market Share
Key Competitors
- MBB
- VMBS
- SPMB
- AGG
- BND
Competitive Landscape
MBB competes on active management expertise versus passive ETFs like VMBS and SPMB. Its higher expense ratio can be a disadvantage if active management does not consistently outperform.
Major Acquisitions
Growth Trajectory and Initiatives
Historical Growth: Growth depends on investor demand for mortgage-backed securities and PIMCO's investment performance. AUM can fluctuate significantly.
Future Projections: Future growth will depend on the macroeconomic environment and the attractiveness of mortgage-backed securities relative to other fixed-income investments. Analyst estimates depend on future interest rate forecasts.
Recent Initiatives: PIMCO may adjust its portfolio strategy to navigate changing market conditions, such as adjusting duration or credit quality.
Summary
PIMCO's MBB offers exposure to mortgage-backed securities via an actively managed ETF, leveraging PIMCO's expertise. While the active management aims to outperform passive options, the higher expense ratio can be a drawback. Performance depends heavily on interest rate conditions and housing market stability. Key risks include interest rate sensitivity and potential mortgage defaults, but PIMCO's active strategies aim to navigate these risks.
Similar Companies
- AGG
- BND
- VMBS
- SPMB
- LQD
Sources and Disclaimers
Data Sources:
- PIMCO Website
- ETF.com
- Morningstar
- Yahoo Finance
Disclaimers:
This analysis is for informational purposes only and does not constitute financial advice. Market conditions can change rapidly, and past performance is not indicative of future results.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About PIMCO Mortgage-Backed Securities Active Exchange-Traded Fund
Exchange NASDAQ | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The fund seeks to achieve its investment objective by investing under normal circumstances at least 80% of its assets in a diversified portfolio of mortgage-related fixed income instruments of varying maturities, which may be represented by forwards or derivatives such as options, futures contracts or swap agreements.
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