CORP

PIMCO Investment Grade Corporate Bond Index ETF
B

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*Unless otherwise stated, data provided by FactSet.

CORP Fund Description

CORP tracks a market-weighted index of US dollar denominated investment-grade corporate bonds.

CORP Factset Analytics Insight

CORP is one of the most marketlike investment-grade corporate bond ETFs, despite only holding a few hundred bonds. Its holdings have an average maturity of around 9 years, with about half the portfolio set to mature in 7 years or more. Like our benchmark, CORP emphasizes corporate bonds at the lower end of the investment-grade credit spectrum, though it does hold a large chunk of AAA-rated issues. On the whole though, CORP comes close to neutral market exposure. The fund's secondary liquidity is decent, seeing plenty of daily volume but often sizeable spreads as well. A bigger problem is its anemic underlying liquidity, which will frustrate investors looking to execute block trades. The fund charges a reasonable fee for its segment, but its inconsistent tracking means that investors may realize higher holding costs. It has also made capital gains distributions in the past, though its track record has improved on that score.

CORP MSCI ESG Analytics Insight

The MSCI ESG Fund Quality Score measures the ability of ETF underlying holdings to manage key medium to long-term risks and opportunities arising from environmental, social, and governance factors, as determined by MSCI ESG Research LLC. As of May 23, 2019 the PIMCO Investment Grade Corporate Bond Index ETF MSCI ESG Fund Quality Score is 4.26 out of 10.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. CORP ranks in the 19th percentile within its peer group and in the 24th percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage.

CORP CHARTS AND PERFORMANCE

Price Chart ($)
Total Return Chart (%)
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
COMPARE
RESET
Select ETFs to compare their performance:
PERFORMANCE [as of 05/23/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
CORP 0.69% 3.09% 6.11% 7.70% 3.36% 3.47% --
CORP (NAV) 0.96% 3.50% 6.39% 7.48% 3.58% 3.50% --
ICE BofAML US Corporate Index 1.25% 3.72% 6.38% 7.68% 3.80% 3.57% --
Bloomberg Barclays US Aggregate Corporate Index -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

CORP Top 10 Countries [View All]

CORP Top 10 Sectors

CORP Top 10 Holdings [View All]

CORP Summary Data

Allianz
PIMCO
09/20/10
Open-Ended Fund
0.20%
$637.21M
$4.75M
0.09%

CORP Portfolio Data

6.75
--
3.64%
06/03/19
24

CORP Index Data

ICE BofAML US Corporate Index
Market Value
Market Value
Bloomberg Barclays US Aggregate Corporate Index

CORP Portfolio Management

0.20%
-0.28%
0.21%
-0.87%

CORP Tax Exposures

20.00% / 39.60%
0.02%
Ordinary income
No

CORP Fund Structure

Open-Ended Fund
No
Yes
100% / 0%
N/A
N/A
Low
Daily
Cboe Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

CORP Factset Analytics Block Liquidity

As of 05/24/19
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of CORP. CORP is rated a 2 out of 5.

CORP Tradability

45,902
$4.75M
25,867
$2.64M
0.09%
$0.09
-0.06%
0.31% / -0.66%
None
100.00%
50,000
0.52
0.01%
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$104.21
2

CORP Sector/Industry Breakdown


CORP
Segment Benchmark
49.31%
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39.39%
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7.81%
--
3.50%
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CORP Top 10 Holdings[View All]

1.97%
0.71%
0.60%
0.56%
0.55%
0.36%
0.34%
0.33%
0.29%
0.25%
5.96%

CORP Top 5 Countries


CORP
Segment Benchmark
76.50%
--
4.67%
--
3.37%
--
2.60%
--
1.95%
--

CORP Top 5 Currencies


CORP
Segment Benchmark
100.00%
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CORP Performance Statistics

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CORP MSCI ESG Ratings

4.26 / 10
18.83
23.81
14.22%
3.65%
339.27

CORP HOLDINGS STATISTICS


CORP
Segment Benchmark
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6.75
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3.64%
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6.77
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Low
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24
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N/A

CORP MATURITY DISTRIBUTION


CORP
Segment Benchmark
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CORP CREDIT BREAKDOWN


CORP
Segment Benchmark
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