PIMCO Euro Short-Term High Yield Corporate Bond Index Source UCITS ETF EUR Income

Product description

The PIMCO Euro Short-Term High Yield Corporate Bond Index Source UCITS ETF EUR Income (the “Fund”) aims to replicate the performance (before fees and expenses) of the BofA Merrill Lynch 0-5 Year Euro Developed Markets High Yield 2% Constrained IndexSM (“Reference Index”) by investing in a range of securities broadly similar to the constituents of the Reference Index.

Security Information

General information
Base currency EUR
Dividend treatment Monthly
Minimum investment 1 share
Launch date 10 Oct 2017
Shares outstanding 4,081,782
Exchanges Deutsche Börse (Xetra)
Borsa Italiana
SIX Swiss Exchange
Further information
ISA Eligible
SIPP Eligible
UCITS Yes
UK reporting status Yes
Passported to Austria, Denmark, Finland, France, Germany, Ireland, Italy, Netherlands, Norway, Spain, Sweden, Switzerland, United Kingdom
Structure
Legal form UCITS
Open ended fund
Replication method Physical
Domicile Ireland
Financial year end 31 March
Tax information for German investors
Equity ratio 0.0000
Key service providers
Issuer PIMCO Fixed Income Source ETFs plc
Manager PIMCO Europe Ltd
Fund administrator State Street Fund Services (Ireland) Limited
Depositary State Street Custodial Services (Ireland) Limited
Auditor PricewaterhouseCoopers
Promoter PIMCO Europe Limited, Invesco UK Services Limited
Yield information
Dividend frequency Monthly
Use of income Distributed
Fiscal year end 2 Apr
Currency EUR
Fund statistics NAV ( 24 Apr 2019 )
Number of holdings 285
Recent distributions
Announcement date 11 Apr 2019
Ex-date 18 Apr 2019
Record date 23 Apr 2019
Payment date 30 Apr 2019
Distribution per shares 0.0217
Currency EUR
Download all distributions

Key information

Bloomberg ticker EUHI GY
ISIN IE00BD8D5H32
Benchmark BBG ticker HEDC
Management fee 0.50%
NAV (24 Apr 2019) €9.83
AUM €90,850,087
Base currency EUR

Key risks

Credit and Default Risk: A decline in the financial health of an issuer of a fixed income security can lead to an inability or unwillingness to repay a loan or meet a contractual obligation. This could cause the value of its bonds to fall or become worthless. Funds with high exposures to non-investment grade securities have a higher exposure to this risk.

Risk of using derivatives: In order to reach its investment objective, the fund may use futures, currency forwards and swaps. Such derivatives may result in gains or losses that are greater than the original amount invested.

Interest Rate Risk: Changes in interest rates will usually result in the values of bond and other debt instruments moving in the opposite direction (e.g. a rise in interest rates likely leads to fall in bond prices).

Currency Risk: Changes in exchange rates may cause the value of investments to decrease or increase.

Liquidity Risk: Difficult market conditions could result in certain securities becoming hard to sell at a desired time and price.

Liquidity on secondary market risk: Lower liquidity means there are insufficient buyers or sellers to allow the fund to sell or buy the fund's Investments. On-exchange liquidity may be limited due to suspension of Reference Index pricing, a decision by one of the relevant stock exchanges, or a breach by one or more market makers of respective stock exchange requirements and guidelines.

Liquidity on secondary market risk: Lower liquidity means there are insufficient buyers or sellers to allow the fund to sell or buy the fund's Investments. On-exchange liquidity may be limited due to suspension of Reference Index pricing, a decision by one of the relevant stock exchanges, or a breach by one or more market makers of respective stock exchange requirements and guidelines.

 

The performance information on this web page refers to past performance. Past performance is not a reliable indicator of future returns.

The data shown on this page is not real-time, i.e. it may be delayed due to mandatory requirements of the data provider. As a consequence, the price of the product linked to a specific underlying you are quoted by your broker or intermediary may substantially differ from the price of the product that you would expect on the basis of the data displayed on this site. Invesco UK Services Limited accepts no responsibility for loss, however caused, resulting from errors in this data.

ETF performance is in the fund’s base currency, includes dividends, reinvested. ETF performance is Net Asset Value after management fees and other ETF costs but does not consider any commissions or custody fees payable when buying, holding or selling the ETF. The ETF does not charge entry or exit fees. Data: Invesco.