Loading...
Please Wait...

PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund

NAV
$52.75
1 Day Return
$0.07  |   0.13%

As of 7/29/2016

Market Price
$52.75
1 Day Return
$0.07  |   0.13%

As of 7/29/2016

Fund Description

The 1-5 Year U.S. TIPS Index Exchange-Traded Fund is the first exchange-traded fund (ETF) designed to capture, before fees and expenses, the returns of the shorter maturity subset of the Treasury Inflation-Protected Securities (TIPS) market by tracking The BofA Merrill Lynch 1-5 Year US Inflation-Linked Treasury Index. The fund aims to achieve the real return (above inflation), capital preservation, and low volatility level inherent in short maturity TIPS.

Read more

Portfolio Management


Jeremie Banet

Jeremie Banet
Mr. Banet is an executive vice president in the Newport Beach office and a portfolio manager on the real return team. Prior to joining PIMCO in 2011, he traded inflation-linked investments at Nomura Fixed Income. Prior to that, he was with BNP Paribas, most recently as head of U.S. inflation trading. He has 14 years of investment and financial services experience and holds a master's degree in applied economics and an undergraduate degree from Paris IX Dauphine University.

Matt Dorsten

Matt Dorsten
Mr. Dorsten is a senior vice president in the quantitative portfolio group in the Newport Beach office, focusing on quantitative strategy and passive replication. He was previously a member of the financial engineering group working on mortgage-backed securities and event-linked bonds. Prior to joining PIMCO in 2006, he received his Ph.D. in theoretical particle physics from the California Institute of Technology, where he was a National Science Foundation Graduate Research Fellow. He has nine years of investment experience and holds undergraduate degrees in mathematics and physics from Ohio State University.

Read more

Fund Information

As of 7/29/2016

Ticker STPZ
CUSIP 72201R205
Inception Date 8/20/2009
Shares Outstanding 20,120,000
Total Net Assets $1,061,279,317.52
Daily Trading Volume
(in shares)
36,512
Premium/Discount Average
(since inception)
0.02%
Premium/Discount as
of market close
0.00%
Closing Price 52.76

As of 7/29/2016 4:00PM EST

Yield Information

Estimated Yield to Maturity 0.90%
SEC 30-Day Yield 4.44%

As of 7/31/2016

Distribution Yield 0.00%

As of 6/30/2016

Portfolio Information

Number of Holdings 13
Effective Maturity 3.29 Years
Effective Duration 3.24 Years

As of 7/29/2016

Tracking Error 0.21%

Since Inception as of 6/30/2016

Full Performance & Risk

Index Information

Index
BofA Merrill Lynch 1-5 Year U.S. Inflation-Linked Treasury Index
Index Description

BofA Merrill Lynch 1-5 Year US Inflation-Linked Treasury Index is an unmanaged index comprised of U.S. Treasury Inflation Protected Securities with at least $1 billion in outstanding face value and a remaining term to final maturity of at least 1 year and less than 5 years. It is not possible to invest directly in an unmanaged index.
Index Ticker GVQI
Inception Date 1/31/2002
Rebalancing Frequency Monthly
Annualized Volatility 3.44%

As of 6/30/2016

As of 7/29/2016

Dividends and Distributions

Full distribution history

As of 7/29/2016

Top 10 Holdings**

U S TREASURY INFLATE PROT BD 13.58%
U S TREASURY INFLATE PROT BD 13.38%
U S TREASURY INFLATE PROT BD 13.02%
U S TREASURY INFLATE PROT BD 10.73%
U S TREASURY INFLATE PROT BD 10.15%
U S TREASURY INFLATE PROT BD 9.92%
U S TREASURY INFLATE PROT BD 5.84%
U S TREASURY INFLATE PROT BD 4.98%
U S TREASURY INFLATE PROT BD 4.90%
U S TREASURY INFLATE PROT BD 4.80%

As of 6/30/2016

Quarterly Trading Characteristics

Average Volume
In Shares 76,233
In $ $3,992,656.13
Bid/Ask Spread
In % 0.06%
In $ $0.03
Fund Tickers
NAV Per Share STPZ.NV
Und. Trading Value STPZ.IV
Shares Outstanding STPZ.SO
Est. Cash STPZ.EU
Total Cash STPZ.TC