PIMCO Low Duration US Corporate Bond Source Ucits ETF CHF (Hedged) Acc
ETF
ISIN IE00BWC52F58 / Valor 27526383
NAV (2024-12-30)
CHF 98.62+0.14%
PIMCO Low Duration US Corporate Bond Source Ucits ETF CHF (Hedged) Acc
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General Objective
The PIMCO Low Duration US Corporate Bond UCITS ETF aims to generate maximum total return, consistent with prudent investment management, by investing primarily in a diversified portfolio of US dollar denominated investment grade corporate fixed income instruments. The fund's portfolio duration may vary between 0-4 years, with the ability to invest up to 10% of assets in below-investment-grade securities.
Fund Exposure
The fund is characterized by exposure to various asset classes, including US Government Related (8%), Securitized (13%), Investment Grade Credit (81%), High Yield Credit (2%), Non-USD Developed (8%), and Emerging Markets (2%). The top 10 corporate holdings as of 10/31/2024 include companies such as Renesas Electronics Corp, Qorvo Inc, and American Tower Corp.
Risks
Investors should be aware of the risks associated with this fund, including Credit and Default Risk, Currency Risk, Derivatives and Counterparty Risk, Emerging Markets Risk, Liquidity Risk, Interest Rate Risk, and Mortgage Related and Other Asset Backed Securities Risks. These risks could lead to potential losses or decreased returns for investors.