PIMCO ETF Trust - PIMCO Mortgage-Backed Securities Active Exchange-Traded Fund
PIMCO ETF Trust - PIMCO Mortgage-Backed Securities Active Exchange-Traded Fund (NASDAQ: PMBS) is an exchange-traded fund listed on NASDAQ, trading at $46.27 (about ₹4,444 a unit) as of 29 Sep 2026, 4:00 PM ET. It has an expense ratio of 0.71%. Indian residents can buy PMBS through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$46.03
Today's high
$46.30
52 week low
$46.03
52 week high
$50.95
PMBS opened at $46.30, closed previously at $46.40, and has traded between $46.03 and $50.95 over the past 52 weeks.
About
PMBS actively invests in a wide range of mortgage-related securities, aiming to generate consistent returns across market cycles. The portfolio will contain securities of varying maturities, with duration typically will range from 1 to 7 years. Up to 15 percent of the portfolio may be invested in high yield securities or unrated securities. The fund can invest without limitations in derivatives such as options, futures, and swaps. Additionally, up to 20 percent of assets may be allocated to certain complex mortgage-related securities such as interest only, principle only, or inverse floaters, and another 10% in equity instruments such as preferred securities. The Fund can also engage in short sales, buy/sell on a when-issued basis, and use various tactical investment techniques to gain market exposure. Prior to the ETF launch, the strategy was available in a mutual fund structure which started in July 1997. The fund brought over $98.2 million at the time of conversion.
Key statistics
Expense ratio
0.71%
Assets (AUM)
$1.4B
Holdings
—
NAV
$46.34
Avg. volume
—
1-year price change
-6.76%
5-year price change
—
Price change excludes dividends.
Top 10 holdings
These 10 are 54.1% of the fund.
Where the money is invested
Countries
How to buy PMBS from India
Indian residents can buy PMBS units through Paasa in three steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the units are held in your own name with Interactive Brokers.
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit.
Search PMBS and buy
Find the fund by its ticker, PMBS, on NASDAQ, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.
Read the full guide: how to invest in PMBS from India
Trading and taxes when buying PMBS from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- Taxable in IndiaGains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling.
- Dividends
- Slab rateIt pays the dividends from its holdings out to you in cash, and dividends are taxed at your slab rate in India.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
Custody. Units are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
What is the PMBS price today?
PIMCO ETF Trust - PIMCO Mortgage-Backed Securities Active Exchange-Traded Fund (PMBS) last traded at $46.27 on NASDAQ, as of 29 Sep 2026, 4:00 PM ET. That is ₹4,444 a unit at the 29 Sep 2026 USD/INR rate.
When does PMBS trade, in Indian time?
NASDAQ trades 7:00 pm – 1:30 am IST, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
How big is PMBS, and what does it cost to hold?
PIMCO ETF Trust - PIMCO Mortgage-Backed Securities Active Exchange-Traded Fund manages about $1.4B. Its expense ratio is 0.71% a year, deducted inside the fund. It launched in 2024.
What are PMBS's largest holdings?
The top three are FNMA TBA 30 YR 6 SINGLE FAMILY MORTGAGE 6.00% 11/12/2056 (11.2%), FNMA TBA 30 YR 3 SINGLE FAMILY MORTGAGE 3.00% 11/12/2056 (6.5%) and FNMA TBA 30 YR 2.5 SINGLE FAMILY MORTGAGE 2.50% 10/13/2056 (6.1%). PMBS's 10 largest positions make up 54.1% of the fund.
Does PMBS pay dividends?
Yes. PMBS is a distributing fund and pays the dividends from its holdings out in cash. In India they are taxed at your slab rate.
How are gains on PMBS taxed in India?
Gains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling.
Can I buy fractional units of PMBS?
Yes. You can buy PMBS by amount rather than by whole unit, and there is no minimum trade size.
How has PMBS performed?
PMBS' price is down 6.8% over the past year. These figures are price change only and exclude dividends; past performance does not guarantee future returns.