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PIMCO Build America Bond Exchange-Traded Fund

NAV
$55.47
Change
$0.17  |   0.31%

As of 5/24/2013

Market Price
$55.35
Change
$0.07  |   0.12%

As of 5/24/2013

Fund Description

The Fund seeks to achieve its investment objective by investing under normal circumstances at least 80% of its assets in taxable municipal debt securities publicly issued under the Build America Bond program.

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Portfolio Management


Joseph Deane

Joseph Deane
Mr. Deane is an executive vice president in the New York office and head of municipal bond portfolio management. Prior to joining PIMCO in 2011, he was co-head of the tax-exempt department at Western Asset (WAMCO). Mr. Deane was previously a managing director and head of tax-exempt investments from 1993-2005 at Smith Barney/Citigroup Asset Management. Earlier in his career, he held senior portfolio management positions with Shearson and E.F. Hutton. Morningstar named him Fixed Income Manager of the Year in 1996 and a finalist in 1995 and 2007. He has 42 years of investment experience and holds a bachelor's degree from Iona College.

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Fund Information

Ticker BABZ
CUSIP 72201R825
Inception Date 9/20/2010
Shares Outstanding 660,000
Total Net Assets $36,608,580.50
Daily Trading Volume
(in shares)
5,864
Premium/Discount Average
(since inception)
-0.06%
Premium/Discount as
of market close
-0.22%

As of 5/24/2013

Yield Information

Estimated Yield to Maturity 4.48%
SEC 30-Day Yield 3.84%

As of 5/24/2013

Portfolio Information

Number of Holdings 34
Effective Maturity 25.27 Years
Effective Duration 11.97 Years

As of 5/24/2013


Distribution Yield 3.80%

As of 4/30/2013

Full Performance & Risk

As of 5/25/2013

Dividends and Distributions

Full distribution history

As of 5/24/2013

Top 10 Holdings

BAB NEW YORK-C 6.69%
BAB MET WTR-D 6.39%
BAB AMERN MUN PWR-B 5.61%
BAB CA ST-TXBL 5.51%
BAB MEAG TXB-PLT VOGTLE 5.44%
BAB UNIV CA 5.41%
BAB AMERN MUN PWR-E-RMKT 4.95%
BAB NEW YORK CITY-D 4.71%
BAB MET TRN AUTH 4.29%
BAB LA CMNTY CL 3.78%

As of 3/31/2013

Quarterly Trading Characteristics

Average Volume
In Shares 12,486
In $ $686,299.07
Bid/Ask Spread
In % 0.19%
In $ $0.10
Fund Tickers
NAV Per Share BABZ.NV
Und. Trading Value BABZ.IV
Shares Outstanding BABZ.SO
Est. Cash BABZ.EU
Total Cash BABZ.TC