About PIMCO Senior Loan Active Exchange-Traded Fund (LONZ)

The PIMCO Senior Loan Active Exchange-Traded Fund (LONZ) is a popular ETF that focuses on senior secured loans. It seeks to provide high current income and total return potential by investing in a diversified portfolio of senior loans. These loans are typically made to below-investment-grade companies and have a floating interest rate, which can help protect against rising interest rates.

The LONZ ETF has a strong track record of performance, with a focus on generating income for investors. The fund's managers actively select and manage the portfolio of loans, aiming to provide a competitive yield and potential for capital appreciation. This active management approach sets the LONZ ETF apart from passive loan ETFs, which may have less flexibility to adjust holdings based on market conditions.