PIMCO Short-Term High Yield Corporate Bond Index Source UCITS ETF USD Acc

The PIMCO Short-term High Yield Corporate Bond Index UCITS ETF aims to closely correspond to the total return of the ICE BofAML 0-5 Year US High Yield Constrained Index, offering investors the opportunity to gain exposure to different sectors of the economy through high yield bonds.

This fund is primarily exposed to 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. The top sectors include media cable, technology, financial, pipelines, and healthcare.

Investors should be aware of the credit and default risk associated with a decline in the financial health of bond issuers, as well as derivatives and counterparty risk that could result in increased exposure to underlying assets. Additionally, liquidity risk and interest rate risk should be considered, along with the potential for index tracking risk affecting fund performance.

https://www.pimco.de/de-de/investments/etf/us-short-term-high-yield-corporate-bond-index-ucits-etf/USD-Acc