Pimco Investment Grade Etf Profile
| CORP Etf | USD 93.38 0.73 0.78% |
Performance0 of 100
| Odds Of DistressLess than 9
|
PIMCO Investment is selling at 93.38 as of the 15th of April 2024; that is -0.78 percent decrease since the beginning of the trading day. The etf's last reported lowest price was 93.29. PIMCO Investment has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for PIMCO Investment Grade are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 16th of March 2024 and ending today, the 15th of April 2024. Click here to learn more.
The fund invests at least 80 percent of its total assets in the component securities of the ICE BofA US Corporate Index . Invest Grade is traded on NYSEARCA Exchange in the United States. More on PIMCO Investment Grade
Moving together with PIMCO Etf
| 0.83 | LQD | iShares iBoxx Investment | PairCorr |
| 0.97 | IGIB | iShares 5 10 | PairCorr |
| 0.99 | USIG | iShares Broad USD | PairCorr |
| 0.91 | SPIB | SPDR Barclays Interm | PairCorr |
| 0.99 | SUSC | iShares ESG USD | PairCorr |
| 0.97 | QLTA | iShares Aaa | PairCorr |
PIMCO Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. PIMCO Investment's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding PIMCO Investment or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Ideas | (View all Themes) |
| Old Names | [Exemplar Investment Grade Fund ETF units, Pimco Inv Grade Corp Bd Etf] |
| Business Concentration | Corporate ETFs, Investment Grade ETFs, Corporate Bond, PIMCO (View all Sectors) |
| Issuer | PIMCO |
| Inception Date | 2010-09-20 |
| Benchmark | ICE BofA Merrill Lynch US Corporate Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 1.08 Billion |
| Average Trading Valume | 72,204.8 |
| Asset Type | Fixed Income |
| Category | Corporate |
| Focus | Investment Grade |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | Pacific Investment Management Company LLC |
| Advisor | Pacific Investment Management Company LLC |
| Custodian | State Street Bank and Trust Company |
| Distributor | PIMCO Investments LLC |
| Portfolio Manager | Mohit Mittal, Matthew P. Dorsten |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 31-Oct |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 1,513 |
| Market Maker | Jane Street |
| Total Expense | 0.2 |
| Management Fee | 0.2 |
| Country Name | USA |
| Returns Y T D | (2.14) |
| Name | PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund |
| Currency Code | USD |
| Open Figi | BBG001660LJ0 |
| In Threey Volatility | 8.8 |
| 1y Volatility | 8.23 |
| 200 Day M A | 93.9325 |
| 50 Day M A | 95.448 |
| Code | CORP |
| Updated At | 14th of April 2024 |
| Currency Name | US Dollar |
PIMCO Investment Grade [CORP] is traded in USA and was established 2010-09-20. The fund is listed under Corporate Bond category and is part of PIMCO family. The entity is thematically classified as Corporate ETFs. PIMCO Investment Grade currently have 600.16 M in assets under management (AUM). , while the total return for the last 3 years was -2.3%.
Check PIMCO Investment Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on PIMCO Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding PIMCO Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as PIMCO Investment Grade Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
PIMCO Investment Grade Currency Exposure
PIMCO Investment Grade holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of PIMCO Investment will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in PIMCO Investment Grade.
PIMCO Investment Target Price Odds Analysis
In regard to a normal probability distribution, the odds of PIMCO Investment jumping above the current price in 90 days from now is close to 99%. The PIMCO Investment Grade probability density function shows the probability of PIMCO Investment etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days PIMCO Investment has a beta of 0.2642 suggesting as returns on the market go up, PIMCO Investment average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding PIMCO Investment Grade will be expected to be much smaller as well. Additionally, pIMCO Investment Grade has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of PIMCO Investment to move above the current price in 90 days from now is close to 99 (This PIMCO Investment Grade probability density function shows the probability of PIMCO Etf to fall within a particular range of prices over 90 days) .
PIMCO Investment Top Holders
| RLGAX | Riverfront Dynamic Equity | Mutual Fund | Allocation--50% to 70% Equity |
| RLIIX | Riverfront Dynamic Equity | Mutual Fund | Allocation--50% to 70% Equity |
| RLGCX | Riverfront Dynamic Equity | Mutual Fund | Allocation--50% to 70% Equity |
PIMCO Investment Grade Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. PIMCO Investment market risk premium is the additional return an investor will receive from holding PIMCO Investment long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in PIMCO Investment. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although PIMCO Investment's alpha and beta are two of the key measurements used to evaluate PIMCO Investment's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.07) | |||
| Treynor Ratio | (0.11) |
PIMCO Investment Against Markets
Picking the right benchmark for PIMCO Investment etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in PIMCO Investment etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for PIMCO Investment is critical whether you are bullish or bearish towards PIMCO Investment Grade at a given time. Please also check how PIMCO Investment's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in PIMCO Investment without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy PIMCO Etf?
Before investing in PIMCO Investment, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in PIMCO Investment. To buy PIMCO Investment etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of PIMCO Investment. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase PIMCO Investment etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located PIMCO Investment Grade etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased PIMCO Investment Grade etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as PIMCO Investment Grade, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy PIMCO Etf please use our How to Invest in PIMCO Investment guide.
Already Invested in PIMCO Investment Grade?
The danger of trading PIMCO Investment Grade is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of PIMCO Investment is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than PIMCO Investment. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile PIMCO Investment Grade is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether PIMCO Investment Grade is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if PIMCO Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Pimco Investment Grade Etf. Highlighted below are key reports to facilitate an investment decision about Pimco Investment Grade Etf: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in PIMCO Investment Grade. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the AI Investment Finder module to use AI to screen and filter profitable investment opportunities.
The market value of PIMCO Investment Grade is measured differently than its book value, which is the value of PIMCO that is recorded on the company's balance sheet. Investors also form their own opinion of PIMCO Investment's value that differs from its market value or its book value, called intrinsic value, which is PIMCO Investment's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because PIMCO Investment's market value can be influenced by many factors that don't directly affect PIMCO Investment's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between PIMCO Investment's value and its price as these two are different measures arrived at by different means. Investors typically determine if PIMCO Investment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PIMCO Investment's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.