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PIMCO Investment Grade Corporate Bond Index ETF
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- Description
- Performance
- Fundamentals
- Rate Sensitivity
- Rating
| Pimco Investment Grade Corporate Bond Index Exchange-Traded Fund is an exchangetraded fund incorporated in the USA. The Fund seeks to track the performance of the BofA Merrill Lynch US Corporate Index. |
| Category | Corporate |
| Fund Sponsor | Pacific Investment Management |
| Website | www.pimcoetfs.com |
| Inception date | Sep 20, 2010 |
| Assets (mns) | $1,285 |
| Currency | USD |
| Expense ratio | 23 bp |
| Distributions | Monthly |
| Regulation | Open-End Investment Company |
| Custodian | State Street Bank & Trust Co |
| Weighting | Market Cap |
| Index replication | Optimized |
| No. of constituents | 1283 |
| No of distinct issuers | 598 |
| Inflation protected | 0% |
| Variable/Fixed coupon | 18% /82% |
| Non-standard maturity (callable, etc.) | 83% |
| APPLE INC. 3.3% 2/23/26 | 0.8 % |
| FIVE CORNERS FUNDING 4.4% 11/15/23 | 0.7 % |
| CHARTER COMMUNICATION 4.9% 7/23/25 | 0.7 % |
| BRISTOL-MYERS SQUIBB 3.4% 7/26/29 | 0.7 % |
| BARCLAYS PLC 4.4% 1/12/26 | 0.7 % |
| JPMORGAN CHASE & CO. 3.0% 1/01/26 | 0.7 % |
| GOLDMAN SACHS GROUP, 6.8% 1/01/37 | 0.6 % |
| BROADCOM INC. 3.1% 4/15/21 | 0.6 % |
| MCDONALD'S CORPORATIO 4.9% 12/09/45 | 0.6 % |
| BNP PARIBAS S.A. 5.0% 1/15/21 | 0.6 % |
| TOTAL | 6.7 % |
|---|
| BANK OF AMERICA CORPORATION | 2.3% |
| U.S. TREASURY | 2.1% |
| JPMORGAN CHASE & CO. | 1.9% |
| GOLDMAN SACHS GROUP, INC. | 1.4% |
| MORGAN STANLEY | 1.3% |
 |
UNITED STATES | 76.5 % |
 |
UNITED KINGDOM | 4.2 % |
 |
JAPAN | 3.0 % |
 |
CANADA | 2.6 % |
 |
BRITAIN | 1.6 % |
HISTORICAL RETURNS 
| Custom date range | Compare to | ||
| thru |
| Year-to-date | 1 year | 5 years | 10 years | Since Incep. |
| 1.8% | 4.0% | 1.6% | 2.6% | 3.3% |
| versus... | Beta | R-squared |
|---|---|---|
| Barclays Agg. Bond | 1.20 | 96% |
| S&P500 | 0.41 | 59% |
| MSCI EAFE | 0.45 | 71% |
| MSCI Emg. Mkts. | 0.41 | 59% |
| Recent close | $95.06 |
| 30d moving avg. | $96.20 |
| Annualized volatility | 9.3% |
| Short interest (ETF) | 0.2% |
| Relative strength (RSI) | 41 |
| Avg. volume (thou.) | 82 |
| Avg. daily value traded (mns) | $8 |
| Turnover | 0.6% |
| Bid/Ask (% of price) | 0.03 |
DISTRIBUTION YIELD (TRAILING 12 MONTHS)
| CORP | 7.0 yrs | Category Avg.* |
4.6 yrs |
| CORP | 6.9% | Category Avg.* |
4.5% |
| Change in YTM |
New YTM |
Est. Price Change |
Est. New Price |
| +300 bp | 8.64% | -19.3% | $76.73 |
| +200 bp | 7.64% | -13.1% | $82.57 |
| +150 bp | 7.14% | -10.0% | $85.59 |
| +100 bp | 6.64% | -6.7% | $88.68 |
| +75 bp | 6.39% | -5.1% | $90.25 |
| +50 bp | 6.14% | -3.4% | $91.84 |
| +25 bp | 5.89% | -1.7% | $93.44 |
| 0 bp | 5.64% | 0% | $95.06 |
| -25 bp | 5.39% | 1.7% | $96.70 |
| -50 bp | 5.14% | 3.5% | $98.35 |
| -75 bp | 4.89% | 5.2% | $100.02 |
| -100 bp | 4.64% | 7.0% | $101.71 |
| -150 bp | 4.14% | 10.6% | $105.14 |
| -200 bp | 3.64% | 14.3% | $108.64 |
| -300 bp | 2.64% | 21.9% | $115.84 |
*Fund Category: CORPORATE
ALTAR Score™
| Calculation of ALTAR Score™ | ||
|---|---|---|
| Adj. Yield to Maturity |
564 | bp |
| Less: Annual "default factor" |
20 | bp |
| Less: Expense ratio | 23 | bp |
| Equals: ALTAR Score | 5.21 | % |
| Average ALTAR Score™ by Category | |
|---|---|
| Aggregate | 3.3% |
| Corporate | 4.4% |
| Emerging Market | 6.2% |
| Government | 7.2% |
| Inflation Protected | 2.5% |
| Mortgage | 5.1% |
| Municipals | 3.6% |
| *Note: The PIMCO Investment Grade Corporate Bond Index ETF is classified as a Corporate fund. | |