| Investment Objective: |
PIMCO Ultra Short Government Active ETF seeks maximum current income, consistent with preservation of capital and daily liquidity. The Fund invests 100% of its total assets in (i) cash, (ii) U.S. government securities, such as U.S. Treasury bills, notes, and other obligations issued by, or guaranteed as to principal and interest by, the U.S. government (including its agencies and instrumentalities), and (iii) repurchase agreements that are collateralized fully by such U.S. government securities or cash. The Fund seeks to achieve its investment objective by investing under normal circumstances at least 80% of its assets in U.S. government securities. The dollar-weighted average portfolio maturity of this Fund may not exceed 120 days. |
