(HYS) PIMCO 0-5 Year High Yield - Overview
ETF Category: High Yield Bond | Exchange: NYSE ARCA (USA) | Market Cap: 1.682m USD | Total Return: 6.7% in 12m
Avg Turnover: 9.24M
Warnings
No concerns identified
Tailwinds
No distinct edge detected
The PIMCO 0-5 Year High Yield Corporate Bond Index ETF (HYS) tracks the ICE BofA 0-5 Year U.S. High Yield Constrained Index. The fund allocates at least 80% of its assets to U.S. dollar-denominated corporate debt rated below investment grade with remaining maturities of five years or less. This strategy targets the short-duration segment of the junk bond market to mitigate interest rate sensitivity while capturing higher credit spreads.
High-yield bonds are issued by companies with lower credit ratings, necessitating higher coupon payments to compensate investors for increased default risk. By focusing on shorter maturities, the fund reduces duration risk, which generally makes the portfolio less volatile during periods of rising benchmark interest rates compared to long-term debt. Investors can examine detailed credit quality metrics on ValueRay to better understand the underlying risk profile.
- Short-term credit spread volatility dictates underlying net asset value performance
- Federal Reserve interest rate policy shifts impact short-duration bond pricing
- Default rates within sub-investment grade corporate sector influence fund returns
- US dollar liquidity conditions affect high yield domestic debt market valuations
- Tightening credit conditions increase refinancing risks for near-term debt maturities
As of June 07, 2026, the stock is trading at USD 92.98 with a total of 125,041 shares traded.
Over the past week, the price has changed by -0.39%,
over one month by +0.24%,
over three months by +1.23% and
over the past year by +6.73%.
PIMCO 0-5 Year High Yield has no consensus analysts rating.