PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund
HYS
New York Stock Exchange Arca- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- 650 Newport Center Drive Newport Beach CA United States of America 92660
- IPO Date
- Jun 17, 2011
- CIK
- 0001450011
- Website
- pimco.com
- Similar Companies
- Business
- PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (HYS) is an exchange-traded fund that seeks total return corresponding to the ICE BofA 0-5 Year US High Yield Constrained Index before fees and expenses. The fund tracks short-term U.S. dollar-denominated, below-investment-grade corporate bonds issued in the U.S. domestic market with less than five years to maturity, a fixed coupon schedule, and a minimum outstanding amount of $100 million issued publicly; it employs a representative sampling technique to replicate index performance. Launched on June 16, 2011, and domiciled in the United States, HYS holds approximately 841 securities with total net assets of around $1.52 billion as of recent data, managed passively by a team including Matthew Dorsten (since 2015), Tanuj Dora (since 2021), David Forgash (since 2023), and Jason Vivas (since 2023). HYS provides investors exposure to the high-yield bond segment with low interest-rate sensitivity, targeting institutional and retail clients seeking income from short-duration corporate credit; its portfolio includes holdings such as AAdvantage Loyalty IP Ltd/American Airlines Inc 5.75%, BEIGNET INV LLC 6.581%, and EchoStar Corp. 10.75%. The fund pays monthly distributions and operates within the broader fixed income category, focusing on U.S. issuers rated below investment grade by Moody's, S&P, and Fitch. Issued by PIMCO, a subsidiary of Allianz SE founded in 1971 and headquartered in Newport Beach, California, with global offices across the Americas, Europe, and Asia-Pacific. Recent developments for PIMCO, the issuer of HYS, include strategic partnerships such as leading a $29 billion financing with Blue Owl Capital for Meta Platforms' data center expansion in August 2025 and acquiring a 4.9% equity interest in Harley-Davidson Financial Services alongside KKR in July 2025, unlocking $1.25 billion in capital for the motorcycle company. PIMCO also launched new products like the Diversified Private Credit Fund for European investors in April 2025, four active fixed income ETFs in Australia in February 2025 (PGBF, PDFI, PCRD, PAUS), and two UCITS ETFs (GOVI, EUGO) in December 2025, alongside converting its Euro Short-Term High Yield Corporate Bond UCITS ETF to active management in October 2025 with reduced fees. These initiatives reflect PIMCO's expansion in private credit, active ETFs, and alternative financing amid ongoing growth in its $2 trillion-plus assets under management.