CORP

PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund

$97.89

+0.00%

Market closed. Last update: 12:33 PM ET

📎 Investment Objective

The PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (CORP) seeks to track the performance of the Bloomberg U.S. Corporate Bond Index, which measures the investment grade, fixed-rate, taxable corporate bond market.

Overview

ETF tracking PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund

Category Corporate Bonds

Issuer Other

Inception Date 2010-09-21

Market Cap $1.3B

Average Volume N/A

Dividend Yield 3.97%

52-Week Range $93.89 - $99.61

VWAP $98.02

Performance

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Price Chart

Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The ETF invests in a representative sample of the bonds included in the index in order to closely track its performance. The fund aims to provide exposure to the overall U.S. corporate bond market.

✨ Key Features

Broad exposure to the U.S. investment grade corporate bond market
Low-cost index-tracking approach with a 0.00% expense ratio
Potential for income generation through bond coupon payments
Diversified portfolio of corporate debt securities

⚠️ Primary Risks

Interest rate risk - Bond prices may decline as interest rates rise
Credit risk - The risk of default or downgrade by the bond issuers
Liquidity risk - Difficulty buying or selling bonds in volatile markets
Tracking error risk - The fund may not perfectly track the index

👤 Best For

This ETF may be suitable for investors seeking broad exposure to the U.S. investment grade corporate bond market as part of a diversified fixed income allocation. It could be appropriate for investors with a medium-term investment horizon and moderate risk tolerance.