(ZROZ) PIMCO 25+ Year Zero Coupon - Overview
ETF Category: Long Government | Exchange: NYSE ARCA (USA) | Market Cap: 1.387m USD | Total Return: 1.2% in 12m
Avg Turnover: 30.0M
Warnings
No concerns identified
Tailwinds
No distinct edge detected
The PIMCO 25+ Year Zero Coupon U.S. Treasury Index ETF (ZROZ) tracks the ICE BofA Long U.S. Treasury Principal STRIPS Index. The fund allocates a minimum of 80% of its assets to STRIPS, which are U.S. Treasury bonds where the principal payment has been separated from the periodic interest coupons. This structure results in a zero-coupon security that pays no interim interest but is sold at a deep discount to face value.
Zero-coupon Treasuries possess higher duration than coupon-bearing bonds of the same maturity, making ZROZ highly sensitive to fluctuations in long-term interest rates. Because the fund focuses on the final principal payments of obligations with 25 or more years to maturity, it serves as a primary vehicle for investors seeking maximum exposure to declining yields or hedging against long-term deflationary risks. Investors may find it useful to compare these duration metrics with other fixed-income instruments on ValueRay.
- Federal Reserve interest rate decisions dictate long-term bond price volatility
- Extended duration profile increases sensitivity to shifts in the 30-year yield
- Federal deficit spending levels influence the supply of long-dated Treasury STRIPS
- U.S. inflation data trends impact real yields and zero-coupon bond demand
- Global flight-to-safety capital flows drive price appreciation during periods of market stress
As of May 27, 2026, the stock is trading at USD 61.88 with a total of 580,520 shares traded.
Over the past week, the price has changed by +2.94%,
over one month by -1.34%,
over three months by -7.59% and
over the past year by +1.19%.
PIMCO 25+ Year Zero Coupon has no consensus analysts rating.