Symbols

HYS

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

--(--)

Key Stats

Assets Under Management

1.59BUSD

Fund Flows (1Y)

212.97MUSD

Dividend Yield

7.17%

Discount/Premium to NAV

0.15%

Shares Outstanding

16.60M

Expense Ratio

0.56%

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

Issuer

PIMCO

Brand

PIMCO

Home Page

https://www.pimco.com/us/en/investments/etf/pimco-0-5-year-high-yield-corporate-bond-index-exchange-traded-fund/usetf-usd

Inception Date

Jun 16, 2011

Structure

Open-Ended Fund

Index Tracked

ICE BofA 0-5 Year US High Yield Constrained Index

Management Style

Passive

Dividend Treatment

Distributes

Distribution Tax Treatment

Ordinary income

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

20.00%

Primary Advisor

Pacific Investment Management Co. LLC

Distributor

PIMCO Investments LLC

HYS tracks an index that offers broad exposure to the entire 0-5 year US corporate high-yield market, though it tilts its portfolio towards the lower end of the spectrum. In general, HYS and the index have a shorter duration and lower yield to maturity than some funds in the space. The underlying index is market-value-weighted, with a cap of 2% per single issuer. HYS uses a sampling method and seeks to invest only in a subset of securities with the same risk and return characteristics as the index. Rebalancing is done monthly. Overall, HYS delivers on its short-term high-yield exposure mandate.