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PIMCO Australia Bond Index Fund

NAV
$101.35
Change
$-0.24  |   -0.24%
Market Price
$101.69
Change
$-0.37  |   -0.36%

As of 2/22/2012

Fund Description

The Australia Bond Index Fund is the only U.S. exchange-traded fund (ETF) that aims to provide focused exposure to the Australian dollar-denominated, investment grade bond market. The fund seeks total returns that closely correspond, before fees and expenses, to the BofA Merrill Lynch Diversified Australia Bond IndexSM. This index encompasses Australian dollar-denominated investment grade government bonds, including sovereign, quasi-government, corporate, securitized and collateralized debt.

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Portfolio Management


Robert Mead

Robert Mead
Mr. Mead is a managing director in the Sydney office. In addition, he is head of portfolio management in Australia and head of Asia-Pacific credit portfolio management. Previously, he was a portfolio manager in Munich and head of the European investment grade corporate bond team. Prior to joining PIMCO in 2003, he was global head of investment grade credit research and head of non-U.S. high grade fund management at Citigroup Asset Management in London. He has 23 years of investment experience and holds an undergraduate degree from University of Technology, Sydney and a graduate diploma in Applied Finance from Securities Institute of Australia.

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Fund Information

Ticker AUD
CUSIP 72201R742
Inception Date 10/31/2011
Shares Outstanding 230,000
Total Net Assets $23,366,756.01
Daily Trading Volume
(in shares)
8,496
Premium/Discount Average
(since inception)
0.56%
Premium/Discount as
of market close
0.46%

As of 2/21/2012

Yield Information

Estimated Yield to Maturity 4.82%
SEC 30-Day Yield 4.05%

As of 2/21/2012

Portfolio Information

Number of Holdings 34
Effective Maturity 4.63 Years
Effective Duration 3.85 Years

As of 2/21/2012


Distribution Yield 3.43%

As of 1/31/2012

Full Performance & Risk

Index Information

Index Tracked BofA Merrill Lynch Diversified Australia Bond Index
Index Ticker AUDL
Inception Date 10/31/2002
Annualized Volatility
(since inception)
13.37%
Rebalancing Frequency Monthly

As of 1/31/2012


Index Description

The BofA Merrill Lynch Diversified Australia Bond Indexsm tracks the performance of large, Australian dollar (“AUD”)-denominated investment grade debt instruments publicly issued in the Australian domestic market, including sovereign, quasi government, corporate, securitized and collateralized securities. All qualifying securities must have at least one year remaining term to final maturity and a fixed coupon schedule. Qualifying Australian sovereign securities must have a minimum amount outstanding of AUD 1 billion. Qualifying non-sovereign securities must have a minimum amount outstanding of AUD 500 million and must be rated investment grade. Index constituents are capitalization-weighted adjusted, as necessary, to meet issuer concentration limits. The Underlying Index is rebalanced on the last calendar day of the month. It is not possible to invest directly in an unmanaged index.

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As of 1/31/2012

Dividends and Distributions

Full distribution history

As of 2/21/2012

Top 10 Holdings

NEW S WALES TREASURY CRP 10.31%
QUEENSLAND TREASURY CORP 5.67%
AUSTRALIAN GOVERNMENT 5.23%
NEW S WALES TREASURY CRP LOC GOV GTD 16 5.11%
INTL FINANCE CORP 4.97%
AUSTRALIAN GOVERNMENT BD SR UNSEC 124 3.81%
HSBC BANK PLC 3.48%
TELSTRA CORP LTD 3.43%
AUSTRALIAN GOVERNMENT 3.21%
QUEENSLAND TREASURY CORP 2.93%

As of 12/31/2011

Trading Characteristics

Average Volume
In Shares 4,366
In $ $422,185.79
Bid/Ask Spread
In % 0.41%
In $ $0.39
Fund Tickers
NAV Per Share AUD.NV
Und. Trading Value AUD.IV
Shares Outstanding AUD.SO
Est. Cash AUD.EU
Total Cash AUD.TC