MFDX ETF — PIMCO RAFI Dynamic Multi-Factor International Equity

PIMCO RAFI Dynamic Multi-Factor International Equity (MFDX)

Updated November 6, 2026.

MFDX is an ETF. Its distribution rate is 2.31%, its trailing-12-month yield is 3.09%, its expense ratio is 0.39%. Dividend Vision Distribution Safety Score™ is 84/100 (Safe). Total return is 107.3% over the past 9.2 years, 135.1 points behind SPY at 242.4%.

PIMCO RAFI Dynamic Multi-Factor International Equity is an ETF that tracks the RAFI Dynamic Multi-Factor Developed Ex-U.S. Index, holding at least 80% of assets in developed international equities selected through a rules-based approach emphasizing value, low volatility, quality, momentum, and size factors. The fund carries a modest current distribution rate, pays distributions quarterly, and has an expense ratio of 0.39%. It appeals to income investors seeking exposure to international equities with a multifactor strategy.

MFDX performance versus SPY

As of Nov 5, 2026

Total return is 107.3% over the past 9.2 years, 135.1 points behind SPY at 242.4%. Over the past year its total return — price change plus distributions reinvested — is 12.2%. Its deepest 1-year drawdown was 10.7%.

MFDX key facts

Distribution Safety Score™

84 · Safe

Safety-Adjusted Yield

1.94%

Issuer

PIMCO

Asset type

ETF

Asset class

Equity

Inception date

08/31/2017

Expense ratio

0.39%

Distribution rate

2.31%

Distribution frequency

Quarterly

Trailing yield

3.09%

Last close

$39.87 (as of 2026-11-06)

AUM

$449,279,271

Average volume

14,277

Dividend

$0.23

Ex-dividend date

10/01/2026

Payment date

10/05/2026

Beta

0.83

How Dividend Vision calculates yield and returns

Distribution rate (2.31%) has no calculation basis on file. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (3.09%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: PIMCO; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

MFDX risks and drawbacks

MFDX's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 10.7%.

Who may consider MFDX — and who may not

MFDX may suit someone looking for a high Distribution Safety Score, moderate current income with a quality tilt. It is a weaker fit for investors who need monthly cash flow (MFDX pays quarterly); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on MFDX

• All tickers starting with M

Tagged: International.

Frequently asked questions

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