PIMCO Senior Loan Active Exchange-Traded Fund (LONZ) Performance
LONZ total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +2.8% since Dec 31, 2025
- 1 year
- +4.8% total return
- 3 years
- +7.1% a year
- Since first price
- +7.2% a year since 2022
LONZ trailing returns vs AGG, TLT, SPY
| Period | LONZ total return | Price only | U.S. bonds (AGG) | 20+ yr Treasuries (TLT) | S&P 500 (SPY) |
|---|---|---|---|---|---|
| 1 month | −0.8% | −1.3% | +0.9% | +1.5% | −1.0% |
| 3 months | +0.6% | −1.1% | −0.4% | −1.0% | +3.2% |
| 6 months | +1.7% | −2.2% | −1.5% | −3.8% | +7.8% |
| YTD | +2.8% | −3.4% | −1.0% | −3.4% | +12.3% |
| 1 year | +4.8% | −4.0% | −1.1% | −6.9% | +14.4% |
| 3 years | +22.8%+7.1%/yr | −3.1% | +16.6%+5.2%/yr | +9.7%+3.1%/yr | +87.4%+23.3%/yr |
| Since inceptionJun 9, 2022 | +35.7%+7.2%/yr | −2.9% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: LONZ vs AGG
From Jun 9, 2022: LONZ grew to $13,567, AGG to $10,961.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
LONZ returns by calendar year
3 of 3 full years positive. Best 2023 (+12.6%), worst 2025 (+5.9%). 2026 is year to date.
LONZ annual returns table
| Year | LONZ | Largest drop | AGG | TLT | SPY |
|---|---|---|---|---|---|
| 2026YTD | +2.8% | −2.0% | −1.0% | −3.4% | +12.3% |
| 2025 | +5.9% | −4.2% | +7.2% | +4.3% | +17.7% |
| 2024 | +9.9% | −1.4% | +1.3% | −8.1% | +24.9% |
| 2023 | +12.6% | −2.0% | +5.7% | +2.8% | +26.2% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
LONZ risk statistics
| Statistic | 3 years | Since 2022 |
|---|---|---|
| Annualized return | +7.4% | +8.5% |
| Volatility (annualized) | 2.3% | 3.1% |
| Sharpe ratio | 1.29 | 1.31 |
| Sortino ratio | 2.48 | 2.41 |
| Best month | +1.9% | +2.7% |
| Worst month | −1.2% | −2.5% |
| Best 12 months | +11.3% | +13.4% |
| Worst 12 months | +4.5% | +4.5% |
| Positive months | 83% | 82% |
| Beta vs S&P 500 | 0.11 | — |
| Correlation with S&P 500 | 0.62 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
LONZ rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 41 | +4.3% | +8.0% | +13.4% | 100% |
| 3-year (a year) | 17 | +7.3% | +8.5% | +9.9% | 100% |
Every holding period starting at a month-end since 2022. Returns for 3 years and longer are annualized.
LONZ performance overview
PIMCO Senior Loan Active Exchange-Traded Fund (LONZ) returned +4.8% over the past year, with distributions reinvested. Since its first recorded price in 2022 it has returned +7.2% a year, turning $10,000 into about $13,567. Over the same year U.S. bonds (AGG) returned −1.1%.
Related: LONZ chart, LONZ dividends, LONZ bond profile. See the LONZ overview for the latest quote and fund facts.
LONZ performance FAQ
What is the LONZ return over the past year?
LONZ returned +4.8% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 4.0%.
How much would $10,000 invested in LONZ be worth?
$10,000 invested in LONZ at its first recorded close on June 9, 2022 would be worth about $13,567 on October 23, 2026 with distributions reinvested.
What was the worst year for LONZ?
The worst calendar year was 2025, with a total return of +5.9%. The best was 2023 at +12.6%.
How volatile is LONZ?
Over the past 3 years LONZ had an annualized volatility of 2.3% and a Sharpe ratio of 1.29 (excess return over 1–3 month T-bills per unit of risk).