PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund
0
Funds holding %
of 6,823 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
67% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 15
13% more capital invested
Capital invested by funds: $829M [Q2] → $936M (+$107M) [Q3]
4% more funds holding
Funds holding: 223 [Q2] → 231 (+8) [Q3]
5% more repeat investments, than reductions
Existing positions increased: 84 | Existing positions reduced: 80
0.33% less ownership
Funds ownership: 67.75% [Q2] → 67.41% (-0.33%) [Q3]
25% less funds holding in top 10
Funds holding in top 10: 4 [Q2] → 3 (-1) [Q3]
Research analyst outlook
We haven’t received any recent analyst ratings for HYS.
Financial journalist opinion
Negative
Seeking Alpha
4 months ago
HYS: Beware Rate Cutting Cycles
The PIMCO 0-5 Year High Yield Corporate Bond Index ETF gives investors exposure to short-duration high-yield bonds. While HYS may benefit initially from the Fed's rate cuts, historical trends show high-yield bonds underperform during recessions and economic slowdowns. Investors should high grade portfolios now, by considering investment-grade bonds and CLOs.
Neutral
Seeking Alpha
7 months ago
HYS Vs. HYG: Little To Differentiate These HY Corporate ETFs
The iShares iBoxx $ High Yield Corporate Bond ETF is the largest "junk bond" ETF. The PIMCO 0-5 Year High Yield Corporate Bond Index ETF has better return data but seems to have a higher risk portfolio. Both ETFs are reviewed in depth and then compared. My conclusion: it is a toss-up as to which is the better ETF to hold short-term and/or long-term.
Charts implemented using Lightweight Charts™