PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (CORP)

Overview

This financial entity is designed to offer investors a focused exposure to the U.S. corporate bond market. The fund commits a significant portion of its assets—specifically, at least 80%—to investing in the securities that make up the ICE BofA U.S. Corporate Index. This underlying index is noteworthy for its compilation of U.S. dollar-denominated investment-grade corporate debt securities that are publicly issued within the U.S. domestic market. A key criterion for inclusion in this index is that these securities must have at least one year remaining until their final maturity. This strategic focus underscores the fund's commitment to providing an investment vehicle that targets the investment-grade segment of the U.S. corporate bond market, while aiming to maintain a balance between risk and return, tailored for investors seeking exposure to U.S. corporate debt.

Products and Services

• Investment in ICE BofA U.S. Corporate Index Securities

This service represents the core of the fund's offerings, emphasizing investments in a wide array of U.S. dollar-denominated investment-grade corporate debt securities. The selection criterion ensures the inclusion of bonds with a minimum of one year until their maturity, providing a diverse mix of short- to medium-term investment opportunities. By focusing on securities that constitute the ICE BofA U.S. Corporate Index, the fund aims to replicate or exceed the performance of this benchmark, delivering value and potential returns to its investors. The investments are carefully chosen from the U.S. domestic market, ensuring access to high-quality corporate bonds.