Key stats
About PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF
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Inception date
Aug 31, 2017
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Pacific Investment Management Co. LLC
Distributor
PIMCO Investments LLC
ISIN
US72202L3895
MFEM aims for increased exposure to outperforming investment factors in the emerging market space. It calculates a fundamental weight using four fundamental metrics: current book value, last five years of de-levered sales, cash flow, and dividends plus buybacks. Each security is also scored on five investment factors: value, low volatility, quality, momentum, and size. These factors are used to create five sub-portfolios. For the value, quality, and low volatility portfolios, stocks are ranked by the factor score. The top 25% by fundamental weight are selected. The momentum portfolio selects the top 50%. The size portfolio includes all of the small-cap firms from the other portfolios. All sub-portfolios are weighted by fundamental weight. The factor portfolios are equal-weighted to start, with weights adjusted based on momentum and long-term reversal signals. The index uses a rolling rebalance, only rebalancing 25% of each sub-portfolio every quarter.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Electronic Technology
Stocks97.73%
Finance28.80%
Electronic Technology12.91%
Non-Energy Minerals8.11%
Communications5.91%
Energy Minerals5.78%
Utilities4.80%
Technology Services4.37%
Consumer Non-Durables4.04%
Retail Trade3.89%
Consumer Durables3.44%
Transportation3.32%
Process Industries3.16%
Producer Manufacturing2.71%
Health Technology2.27%
Industrial Services1.64%
Distribution Services1.22%
Consumer Services0.84%
Health Services0.43%
Miscellaneous0.04%
Commercial Services0.03%
Bonds, Cash & Other2.27%
Cash1.36%
UNIT0.87%
Corporate0.02%
Miscellaneous0.01%
Stock breakdown by region
Asia78.42%
Latin America6.93%
Middle East5.04%
Africa4.36%
North America2.67%
Europe2.58%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
MFEM invests in stocks. The fund's major sectors are Finance, with 28.80% stocks, and Electronic Technology, with 12.91% of the basket. The assets are mostly located in the Asia region.
MFEM last dividends amounted to 0.20 USD. The quarter before, the issuer paid 0.15 USD in dividends, which shows a 25.00% increase.
MFEM assets under management is 103.18 M USD. It's risen 3.90% over the last month.
MFEM fund flows account for −8.70 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, MFEM pays dividends to its holders with the dividend yield of 5.18%. The last dividend (Jul 3, 2025) amounted to 0.20 USD. The dividends are paid quarterly.
MFEM shares are issued by Allianz SE under the brand PIMCO. The ETF was launched on Aug 31, 2017, and its management style is Passive.
MFEM expense ratio is 0.50% meaning you'd have to pay 0.50% of your investment to help manage the fund.
MFEM follows the RAFI Dynamic Multi-Factor Emerging Market Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
MFEM invests in stocks.
MFEM price has risen by 3.18% over the last month, and its yearly performance shows a 7.95% increase. See more dynamics on MFEM price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.88% over the last month, showed a 9.57% increase in three-month performance and has increased by 12.89% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.88% over the last month, showed a 9.57% increase in three-month performance and has increased by 12.89% in a year.
MFEM trades at a premium (0.41%) meaning the ETF is trading at a higher price than the calculated NAV.