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PIMCO Australia Bond Index Exchange-Traded Fund

NAV
$99.91
Change
$-0.26  |   -0.26%

As of 7/25/2014

Market Price
$99.47
Change
$0.28  |   0.28%

As of 7/25/2014

Fund Description

The PIMCO Australia Bond Index Exchange-Traded 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 25 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 $22,980,209.31
Daily Trading Volume
(in shares)
612
Premium/Discount Average
(since inception)
-0.41%
Premium/Discount as
of market close
-0.44%

As of 7/25/2014

Closing Price 98.64

As of 7/25/2014

Yield Information

Estimated Yield to Maturity 3.33%
SEC 30-Day Yield 2.92%

As of 7/24/2014

Distribution Yield 0.00%

As of 6/30/2014

Portfolio Information

Number of Holdings --
Effective Maturity 4.99 Years
Effective Duration 4.23 Years

As of 7/25/2014

Full Performance & Risk

Index Information

Index
BofA Merrill Lynch Diversified Australia Bond Index
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.
Index Ticker AUDL
Inception Date 10/31/2002
Rebalancing Frequency Monthly

As of 6/30/2014

As of 7/25/2014

Dividends and Distributions

Full distribution history

As of 7/24/2014

Top 10 Holdings

NEW S WALES TREASURY CORP 8.14%
AUSTRALIAN GOVERNMENT BD SR UNSEC 124 4.26%
TELSTRA CORP LTD 4.19%
QUEENSLAND TREASURY CORP 3.92%
TREASURY CORP VICTORIA 3.83%
NATIONAL AUSTRALIA BANK SR UNSEC DIP 3.63%
QUEENSLAND TREASURY CORP 3.45%
NEW S WALES TREASURY CRP 3.40%
AUSTRALIAN GOVERNMENT 3.21%
AUSTRALIAN GOVERNMENT 3.04%

As of 6/30/2014

Quarterly Trading Characteristics

Average Volume
In Shares 2,881
In $ $279,991.76
Bid/Ask Spread
In % 1.00%
In $ $0.96
Fund Tickers
NAV Per Share AUD.NV
Und. Trading Value AUD.IV
Shares Outstanding AUD.SO
Est. Cash AUD.EU
Total Cash AUD.TC