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Upturn AI SWOT - About
PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (CORP)
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Upturn Advisory Summary
08/14/2025: CORP (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type ETF | Historic Profit 7.97% | Avg. Invested days 42 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  3.0 | ETF Returns Performance  2.0 |
| Profits based on simulation | Last Close 08/14/2025 |
Key Highlights
Volume (30-day avg) - | Beta 1.13 | 52 Weeks Range 90.44 - 97.20 | Updated Date 06/29/2025 |
52 Weeks Range 90.44 - 97.20 | Updated Date 06/29/2025 |
Upturn AI SWOT
PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund
ETF Overview
Overview
The PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (CORP) seeks to track the performance of the ICE BofA US Corporate Index, a widely recognized benchmark for U.S. dollar-denominated investment-grade corporate bonds. It provides exposure to a broad range of corporate bonds, offering diversification within the investment-grade credit market. The fund emphasizes a passive investment approach, mirroring the composition and characteristics of its underlying index.
Reputation and Reliability
PIMCO is a well-established and reputable global investment management firm with a strong track record in fixed-income investing.
Management Expertise
PIMCO has a team of experienced portfolio managers and analysts specializing in fixed-income markets, offering extensive expertise in managing bond portfolios.
Investment Objective
Goal
To track the performance, before fees and expenses, of the ICE BofA US Corporate Index.
Investment Approach and Strategy
Strategy: The ETF employs a passive management strategy, aiming to replicate the composition and yield characteristics of the ICE BofA US Corporate Index.
Composition The ETF primarily holds U.S. dollar-denominated investment-grade corporate bonds. These bonds represent debt securities issued by corporations with strong credit ratings.
Market Position
Market Share: CORP holds a notable market share within the investment-grade corporate bond ETF category, though not the largest.
Total Net Assets (AUM): 1331500000
Competitors
Key Competitors
- iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD)
- Vanguard Total Corporate Bond ETF (VTC)
- SPDR Portfolio Investment Grade Corporate Bond ETF (SPIB)
Competitive Landscape
The investment-grade corporate bond ETF market is competitive, dominated by a few large players. CORP's advantage lies in PIMCO's expertise in fixed income. Its disadvantage is its comparatively higher expense ratio and smaller AUM than LQD.
Financial Performance
Historical Performance: Historical performance varies based on interest rate environments and credit spreads. Data needs to be sourced.
Benchmark Comparison: The ETF aims to closely track the ICE BofA US Corporate Index, and its performance should align with the benchmark.
Expense Ratio: 0.12
Liquidity
Average Trading Volume
The average trading volume of CORP provides sufficient liquidity for typical trading activities.
Bid-Ask Spread
The bid-ask spread is generally tight, indicating relatively low transaction costs.
Market Dynamics
Market Environment Factors
Economic growth, interest rate changes, credit spreads, and corporate earnings influence CORP's performance.
Growth Trajectory
Growth depends on inflows into fixed-income ETFs and PIMCO's ability to attract and retain assets in this fund.
Moat and Competitive Advantages
Competitive Edge
CORP benefits from PIMCO's reputation as a leading fixed-income manager. PIMCO's active management capabilities, while not directly applicable to this passive ETF, enhance the overall brand and investor confidence. The ETF's focus on investment-grade corporate bonds provides a diversified exposure to the credit market. PIMCO's research and analytics contribute to informed investment decisions, adding value for investors.
Risk Analysis
Volatility
Volatility is moderate, primarily influenced by interest rate sensitivity and credit spread fluctuations.
Market Risk
Market risk includes interest rate risk, credit risk (downgrades or defaults), and liquidity risk (though minimal for investment-grade bonds).
Investor Profile
Ideal Investor Profile
The ideal investor is risk-averse, seeking stable income, and looking for diversified exposure to investment-grade corporate bonds.
Market Risk
CORP is suitable for long-term investors and those seeking passive exposure to investment-grade corporate debt. It is less appropriate for active traders.
Summary
The PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (CORP) is a passively managed ETF seeking to track the ICE BofA US Corporate Index, offering exposure to U.S. dollar-denominated investment-grade corporate bonds. It's managed by a reputable fixed-income manager, PIMCO. The ETF is suitable for long-term investors seeking stable income. The ETF faces stiff competition from funds with larger AUM and lower expense ratios.
Peer Comparison
Sources and Disclaimers
Data Sources:
- PIMCO's official website
- ETF.com
- Morningstar
- Bloomberg
Disclaimers:
The data provided is for informational purposes only and should not be considered investment advice. Market data is subject to change.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The fund invests at least 80% of its total assets (exclusive of collateral held from securities lending) in the component securities of the ICE BofA U.S. Corporate Index (the underlying index). The underlying index is an unmanaged index comprised of U.S. dollar denominated investment grade corporate debt securities publicly issued in the U.S. domestic market with at least one year remaining term to final maturity.
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