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

1 Day Return
$0.10  |   0.10%

As of 12/8/2017

Market Price
1 Day Return
$0.08  |   0.08%

As of 12/8/2017

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 a managing director 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 29 years of investment experience and holds a degree from Queens' College, Cambridge University.

Matt Dorsten

Matt Dorsten
Mr. Dorsten is a senior vice president in the Newport Beach office and a portfolio manager in the quantitative strategies group. He is the lead portfolio manager for managed futures in addition to having portfolio management responsibilities in multi-asset alternative risk premia and beta replication strategies. 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 11 years of investment experience and holds undergraduate degrees in mathematics and physics from Ohio State University.

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Fund Information

As of 12/8/2017

Ticker HYS
CUSIP 72201R783
Inception Date 6/16/2011
Shares Outstanding 15,750,000
Total Net Assets $1,586,623,632.73
Daily Trading Volume
(in shares)
Premium/Discount Average
(since inception)
Premium/Discount as
of market close
Closing Price 100.39

As of 12/8/2017

Yield Information

Estimated Yield to Maturity 5.76%
SEC 30-Day Yield 4.52%

As of 12/8/2017

Distribution Yield 4.63%

As of 11/30/2017

Portfolio Information

Number of Holdings 406
Effective Maturity 2.96 Years
Effective Duration 1.91 Years

As of 12/8/2017

Tracking Error 0.81%

Since Inception as of 11/30/2017

Full Performance & Risk

Index Information

ICE BofAML 0-5 Year US High Yield Constrained Index
Index Description

The ICE BofAML 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 $250 million, issued publicly. Prior to September 30, 2016, securities with minimum amount outstanding of $100 million qualified. Allocations to an individual issuer will not exceed 2%.
Index Ticker HUCD
Inception Date 12/31/2006
Rebalancing Frequency Monthly

As of 11/30/2017

As of 12/8/2017

Dividends and Distributions

Full distribution history

As of 12/8/2017

Top 10 Exposures**

CDX HY27 5Y 3.97%
REPO 3.15%
REPO 3.11%
FIN FUT US 5YR CBT 03/29/18 2.84%
CDX HY26 5Y 2.52%
REPO 2.35%
CDX HY29 5Y 1.23%

As of 9/30/2017

Quarterly Trading Characteristics

Average Volume
In Shares 378,747
In $ $38,386,025.46
Bid/Ask Spread
In % 0.03%
In $ $0.03
Fund Tickers
NAV Per Share HYS.NV
Und. Trading Value HYS.IV
Shares Outstanding HYS.SO
Est. Cash HYS.EU
Total Cash HYS.TC