The PIMCO Investment Grade Corporate Bond Index ETF, trading under the ticker CORP, is a distinguished financial instrument designed to offer investors exposure to the corporate bond sector, specifically targeting investment-grade bonds. This ETF is meticulously curated to capture a broad-based spectrum within the corporate category, focusing on bonds that meet high credit quality standards, ensuring a prudent balance between risk and return.
CORP's investment strategy is anchored in the investment-grade niche, providing a robust portfolio of bonds issued by esteemed corporations with solid credit ratings. This focus on investment-grade securities means that investors are predominantly exposed to bonds rated BBB or higher, offering a layer of stability and reliability in their fixed-income investments.
Moreover, CORP's inclusion of broad maturities adds an extra dimension of diversification, spreading its holdings across various time horizons. This strategic allocation across short, medium, and long-term maturities enables the fund to effectively manage interest rate risk while optimizing yield potential.
The PIMCO Investment Grade Corporate Bond Index ETF is an attractive choice for investors seeking a comprehensive, strategic investment in the corporate bond market, backed by PIMCO's renowned expertise in fixed-income management. Whether you are looking to enhance your portfolio's stability or seeking income generation through high-quality corporate bonds, CORP stands out as a compelling option.
Asset Class
Fixed Income
Region
North America
Issuer
PIMCO
Index Tracked
ICE BofA US Corporate
Ticker Symbol
CORP
PIMCO Investment Grade Corporate Bond Index ETF (CORP) Fund Flow Chart
PIMCO Investment Grade Corporate Bond Index ETF (CORP) 1 year Net Flows: $251M
CORP ETF FAQ
What was CORP’s price range in the past 12 months?
CORP lowest ETF price was $92.33 and its highest was $100.09 in the past 12 months.