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PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund

NAV
$94.91
1 Day Return
$-0.06  |   -0.06%

As of 5/5/2016

Market Price
$94.75
1 Day Return
$-0.03  |   -0.03%

As of 5/5/2016

Fund Description

The PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund is designed to capture, before fees and expenses, continuous exposure to the short maturity segment of the high yield corporate bond sector. The fund tracks The BofA Merrill Lynch 0-5 Year US High Yield Constrained IndexSM, and aims to achieve the yield, volatility level, and low or negative correlations with other asset classes inherent in short maturity high yield.

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Portfolio Management


Andrew R. Jessop

Andrew R. Jessop
Mr. Jessop is an executive vice president and high yield portfolio manager in the Newport Beach office. Prior to joining PIMCO in 2009, he was a managing director, portfolio manager and co-head of the high yield group at Goldman Sachs Asset Management, where he spent 12 years. Mr. Jessop was previously a high yield portfolio manager at Saudi International Bank in London. He has 27 years of investment experience and is a graduate of Queens' College, Cambridge 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.

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Fund Information

As of 5/5/2016

Ticker HYS
CUSIP 72201R783
Inception Date 6/16/2011
Shares Outstanding 20,250,000
Total Net Assets $1,921,882,344.47
Daily Trading Volume
(in shares)
406,140
Premium/Discount Average
(since inception)
0.01%
Premium/Discount as
of market close
-0.17%
Closing Price 94.76

As of 5/5/2016 4:00PM EST

Yield Information

Estimated Yield to Maturity 7.36%
SEC 30-Day Yield 5.66%

As of 5/5/2016

Distribution Yield 5.06%

As of 4/30/2016

Portfolio Information

Number of Holdings 400
Effective Maturity 3.25 Years
Effective Duration 1.93 Years

As of 5/5/2016

Tracking Error 0.84%

Since Inception as of 3/31/2016

Full Performance & Risk

Index Information

Index
BofA Merrill Lynch 0-5 Year US High Yield Constrained Index
Index Description

The BofA Merrill Lynch 0-5 Year US High Yield Constrained Index tracks the performance of short-term U.S. dollar denominated below investment grade corporate debt issued in the U.S. domestic market with less than five years remaining term to final maturity, a fixed coupon schedule and a minimum amount outstanding of $100 million, issued publicly. Allocations to an individual issuer will not exceed 2%. It is not possible to invest directly in an unmanaged index.
Index Ticker HUCD
Inception Date 12/31/2006
Rebalancing Frequency Monthly

As of 4/30/2016

As of 5/5/2016

Dividends and Distributions

Full distribution history

As of 5/5/2016

Top 10 Holdings**

CDX HY26 5Y 6.62%
CDX HY25 5Y 6.07%
FIN FUT US 5YR CBT 06/30/16 3.14%
REPO 1.82%
NUMERICABLE-SFR 144A **FULL CALL** 1.82%
TELECOM ITALIA CAPITAL GLBL CO GTD 1.44%
SPRINGLEAF FINANCE CORP SR UNSEC MTN 1.39%
ALLY FINANCIAL INC CO GTD 1.37%
NAVIENT CORP 1.34%
HCA INC SR SEC GLBL SR SEC 1.29%

As of 3/31/2016

Quarterly Trading Characteristics

Average Volume
In Shares 353,012
In $ $31,923,573.36
Bid/Ask Spread
In % 0.05%
In $ $0.04
Fund Tickers
NAV Per Share HYS.NV
Und. Trading Value HYS.IV
Shares Outstanding HYS.SO
Est. Cash HYS.EU
Total Cash HYS.TC