PIMCO ETFs - PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund

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Fund Overview
Objective FundObjective To provide total return that closely corresponds, before fees and expenses, to the total return of The BofA Merrill Lynch US Corporate Index^SM^*.
Ticker CORP	Type Index
NAV $105.49	1 Day Return $0.06 \| 0.06%
As of 6/23/2017
Market Price $105.56	1 Day Return $-0.02 \| -0.02%
As of 6/23/2017
Fund Sector Credit
Duration Category Intermediate
Total Expenses 0.20%

Documents

Investment Grade Corporate Bond Index Exchange-Traded Fund Fact Sheet

Regulatory Documents

PIMCO Launches ‘Build America’ and Investment Grade Bond ETFs

Downloads

All Holdings

NAV History Download

How to Invest

Call us at 888.400.4ETF (4383) if you have questions or would like additional information about PIMCO ETFs.

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PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund

Index

NAV

$105.49

1 Day Return

$0.06

0.06%

As of 6/23/2017

Market Price

$105.56

1 Day Return

$-0.02

-0.02%

As of 6/23/2017

Fund Description

The PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund is an exchange-traded fund (ETF) that seeks to provide efficient and optimized exposure to the investment grade corporate sector. The fund seeks to provide total return that closely corresponds, before fees and expenses, to the total return of The BofA Merrill Lynch US Corporate Index^SM.

Mohit Mittal
Mr. Mittal is a managing director and portfolio manager in the Newport Beach office. He manages investment grade credit, total return and unconstrained bond portfolios and is a member of the Americas Portfolio Committee. Previously, he was a specialist on PIMCO’s interest rates and derivatives desk. Mr. Mittal joined the firm in 2007 and holds an MBA in finance from the Wharton School of the University of Pennsylvania and an undergraduate degree in computer science from Indian Institute of Technology (IIT) in Delhi, India.

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.

Fund Information

As of 6/23/2017

Ticker	CORP
CUSIP	72201R817
Inception Date	9/20/2010
Shares Outstanding	6,880,000
Total Net Assets	$725,800,577.08
Daily Trading Volume (in shares)	41,191
Premium/Discount Average (since inception)	0.02%
Premium/Discount as of market close	0.07%

Closing Price

105.65

As of 6/23/2017 8:00PM EST

Yield Information

Estimated Yield to Maturity	3.11%
SEC 30-Day Yield	2.89%

As of 6/23/2017

Distribution Yield

2.96%

As of 5/31/2017

Portfolio Information

Number of Holdings	420
Effective Maturity	10.22 Years
Effective Duration	6.97 Years

As of 6/23/2017

Tracking Error

0.56%

Since Inception as of 5/31/2017

Full Performance & Risk

Index Information

Index BofA Merrill Lynch US Corporate Index
Index Description BofA Merrill Lynch US Corporate Indexsm is an unmanaged index comprised of U.S. dollar denominated investment grade, fixed rate corporate debt securities publicly issued in the U.S. domestic market with at least one year remaining term to final maturity and at least $250 million outstanding. It is not possible to invest directly in an unmanaged index.
Index Ticker	C0A0
Inception Date	12/31/1972
Rebalancing Frequency	Monthly
Annualized Volatility	5.86%

As of 5/31/2017

As of 6/23/2017

Dividends and Distributions

Full distribution history

As of 6/23/2017

Top 10 Exposures**

REPO	2.95%
CDX IG26 5Y	1.35%
CDX IG27 5Y	1.29%
CDX IG28 5Y	1.11%
WAL-MART STORES INCTENDER & CONSENT	0.93%
BANK OF AMERICA CORP SR UNSEC	0.75%
ANHEUSER-BUSCH INBEV FIN SR UNSEC	0.74%
BNP PARIBAS GLBL SR UNSEC BKNT	0.72%
PACIFIC GAS & ELECTRIC SR UNSEC	0.70%
TYSON FOODS INC SRUNSEC	0.70%

View all holdings Download all holdings

As of 3/31/2017

Quarterly Trading Characteristics

Average Volume
In Shares	71,937
In $	$7,377,967.27

Bid/Ask Spread
In %	0.11%
In $	$0.10

Fund Tickers
NAV Per Share	CORP.NV
Und. Trading Value	CORP.IV
Shares Outstanding	CORP.SO
Est. Cash	CORP.EU
Total Cash	CORP.TC

Performance quoted represents past performance. Past performance is not a guarantee or a reliable indicator of future results. Current performance may be lower or higher than performance shown. Investment return and principal value will fluctuate, so that Fund shares may be worth more or less than their original cost when sold. Performance data current to the most recent month-end is available by clicking HERE or by calling 888-400-4ETF.

Differences in the Fund’s performance versus the index and related attribution information with respect to particular categories of securities or individual positions may be attributable, in part, to differences in the pricing methodologies used by the Fund and the index.

Investors should consider the investment objectives, risks, charges and expenses of the funds carefully before investing. This and other information are contained in the fund’s prospectus, which may be obtained by contacting your PIMCO representative or by clicking HERE. Please read the prospectus carefully before you invest.

The last recorded trade price before today, often referred to as a “Closing Price” of

^PIMCO pulls each security's yield to maturity from PIMCO's Portfolio Analytics database. When not available in the PIMCO's Portfolio Analytics database, PIMCO pulls the security's yield to maturity from Bloomberg. When not available in either database, PIMCO will assign a yield to maturity for that security from a PIMCO matrix based on prior data. In general, the calculation will incorporate the yield based on the notional value of all derivative instruments held by a Fund.

In order to provide additional information regarding the intra-day value of shares of the Fund, the NYSE Arca, Inc. or a market data vendor disseminates every 15 seconds through the facilities of the Consolidated Tape Association or other widely disseminated means an updated Indicative NAV (“iNAV”) for the Fund as calculated by an information provider or market data vendor. The Fund is not involved in or responsible for any aspect of the calculation or dissemination of the iNAV and makes no representation or warranty as to the accuracy of the iNAV.

Net Asset Value (NAV) represents an ETFs per-share value. The per-share value of an ETF is calculated by dividing the total value of the securities in its portfolio, less any liabilities, by the number of ETF shares outstanding. ETF shares are valued as of the close of regular trading (normally 4:00 P.M. Eastern Time) (The “NYSE Close”) on each business day.

The Net Asset Value (NAV), Shares Outstanding and Total Net Assets are calculated as of the close of regular trading on each day that the NYSE Arca is open, and do not reflect security transactions or fund shares created or redeemed on the date stated. Such transactions are recorded on the next business day and reported on the website the following business day.

Returns are average annualized total returns, except for those periods of less than one year, which are cumulative. Market returns are based upon the midpoint of the bid/ask spread at 4:00 pm Eastern time (when NAV is normally determined for most Funds), and do not represent the returns you would receive if you traded shares at other times.

ETF shares may be bought or sold throughout the day at their market price on the exchange on which they are listed. However, there can be no guarantee that an active trading market for PIMCO ETF shares will develop or be maintained, or that their listing will continue or remain unchanged.

Buying or selling ETF shares on an exchange may require the payment of brokerage commissions. Due to these brokerage costs, if any, frequent trading may detract significantly from investment returns.

ETF shares are not sold or bought at their net asset value (NAV) like mutual fund shares. ETF shares’ market price may be at, above or below the funds’ NAV. The NAV of the fund will fluctuate with changes in the market value of its portfolio holdings, and the market price of an ETF’s shares will fluctuate with changes in the NAV as well as supply and demand in the market for the shares. The market price of ETF shares may differ significantly from their NAV during periods of market volatility. ETF shares may only be redeemed directly with the fund at NAV by Authorized Participants, in very large redemption/creation units.

A Word About Risk: An investment in an ETF involves risk, including the loss of principal. Investment return, price, yield and Net Asset Value (NAV) will fluctuate with changes in market conditions. Investments may be worth more or less than the original cost when redeemed. Investing in foreign denominated and/or domiciled securities may involve heightened risk due to currency fluctuations, and economic and political risks, which may be enhanced in emerging markets. Sovereign securities are generally backed by the issuing government, obligations of U.S. Government agencies and authorities are supported by varying degrees but are generally not backed by the full faith of the U.S. Government; portfolios that invest in such securities are not guaranteed and will fluctuate in value. Derivatives may involve certain costs and risks such as liquidity, interest rate, market, credit, management and the risk that a position could not be closed when most advantageous. Investing in derivatives could lose more than the amount invested. Diversification does not ensure against loss.

The Fund uses an indexing approach and may be affected by a general decline in market segments or asset classes relating to its Underlying Index. The Fund invests in securities and instruments included in, or representative of, its Underlying Index regardless of the investment merits of the Underlying Index.

Premiums or discounts are the differences (expressed as a percentage) between the NAV and the Market Price of the Fund on a given day, generally at the time the NAV is calculated. A premium is the amount that the Fund is trading above the reported NAV, expressed as a percentage of the NAV. A discount is the amount that the Fund is trading below the reported NAV, expressed as a percentage of the NAV. The since inception premium/discount average is calculated by averaging the daily premium/discount since the inception of the fund. The daily premium/discount is the difference between the daily market price for shares of the Fund and the Fund's net asset value. The market price is determined using the midpoint between the highest bid and the lowest offer on the listing exchange, as of the time that the Fund's NAV is calculated.

The "Index" refers to the BofA Merrill Lynch US Corporate Index^sm, an unmanaged index comprised of U.S. dollar denominated investment grade, fixed rate corporate debt securities publicly issued in the U.S. domestic market with at least one year remaining term to final maturity and at least $250 million outstanding. It is not possible to invest directly in an unmanaged index.

“BofA Merrill Lynch” and “The BofA Merrill Lynch US Corporate Index^smare reprinted with permission. © Copyright 2013 Merrill Lynch, Pierce, Fenner & Smith Incorporated (“BofA Merrill Lynch”). All rights reserved. “BofA Merrill Lynch” and “The BofA Merrill Lynch US Corporate Index^sm” (the "Index") are service marks of BofA Merrill Lynch and/or its affiliates and have been licensed for use for certain purposes by PIMCO on behalf of the PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (the "Fund") that is based on the Index, and is not issued, sponsored, endorsed or promoted by BofA Merrill Lynch and/or BofA Merrill Lynch’s affiliates nor is BofA Merrill Lynch and/or BofA Merrill Lynch’s affiliates an adviser to the Fund. BofA Merrill Lynch and BofA Merrill Lynch’s affiliates make no representation, express or implied, regarding the advisability of investing in the Fund or the Index and do not guarantee the quality, accuracy, timeliness or completeness of the Index, index values or any index related data included herein, provided herewith or derived therefrom and assume no liability in connection with their use. As the index provider, BofA Merrill Lynch is licensing certain trademarks, The BofA Merrill Lynch US Corporate Index^sm and trade names which are composed by BofA Merrill Lynch without regard to PIMCO, the Fund or any investor. BofA Merrill Lynch and BofA Merrill Lynch’s affiliates do not provide investment advice to PIMCO or the Fund and are not responsible for the performance of the Fund.

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How to Invest

PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund

NAV

1 Day Return

Market Price

1 Day Return

Fund Description

Portfolio Management

Fund Information

Yield Information

Portfolio Information

Index Information

Dividends and Distributions

Top 10 Exposures**

Quarterly Trading Characteristics

Total
Expenses