PIMCO RAFI ESG U.S. ETF
RAFE
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 650 Newport Center Drive Newport Beach CA United States of America 92660
- IPO Date
- Dec 19, 2019
- CIK
- 0001479360
- Website
- pimco.com
- Similar Companies
- Business
- PIMCO RAFI ESG U.S. ETF (RAFE) is an exchange-traded fund that seeks to track the performance of the RAFI ESG U.S. Index, which provides exposure to U.S. equities selected and weighted based on fundamental measures including sales, cash flow, dividends, and book value, while incorporating environmental, social, and governance (ESG) criteria to exclude companies involved in controversial activities such as tobacco, weapons, and fossil fuels; the fund offers investors a rules-based approach to smart beta investing with an ESG overlay, low expense ratio, and daily liquidity on major U.S. exchanges. Managed by Pacific Investment Management Company LLC (PIMCO), a leading global investment firm founded in 1971 and headquartered in Newport Beach, California, RAFE operates within the asset management industry, targeting institutional and retail investors seeking sustainable U.S. equity exposure across sectors like technology, healthcare, and consumer goods. The fund's portfolio emphasizes large- and mid-cap U.S. companies, with geographic focus limited to the United States. In recent developments, PIMCO enhanced its ETF lineup in 2024 by expanding ESG-integrated offerings amid growing demand for sustainable investments, including strategic alliances with index providers like Research Affiliates to refine the RAFI methodology for better alignment with climate transition goals; no major acquisitions or name changes have occurred in the last two years, though the fund benefited from increased assets under management following broader market shifts toward responsible investing post-2024 U.S. regulatory updates on ESG disclosures.