PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund
0
Funds holding %
of 7,425 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
33% more funds holding in top 10
Funds holding in top 10: 3 [Q3] → 4 (+1) [Q4]
23% more repeat investments, than reductions
Existing positions increased: 90 | Existing positions reduced: 73
22% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 23
2% less funds holding
Funds holding: 234 [Q3] → 230 (-4) [Q4]
6.11% less ownership
Funds ownership: 61.88% [Q3] → 55.77% (-6.11%) [Q4]
12% less capital invested
Capital invested by funds: $859M [Q3] → $754M (-$105M) [Q4]
Research analyst outlook
We haven’t received any recent analyst ratings for HYS.
Financial journalist opinion
Neutral
Seeking Alpha
2 months ago
HYS: Beating The Benchmark, Yet Uncompelling
HYS is a junk bond ETF focusing on shorter maturity to mitigate risks. HYS is well-diversified across issuers and has outperformed the benchmark HYG since its inception. HYDB looks superior to HYS among risk-mitigating junk bond ETFs, with better risk-adjusted performance and lower fees.
Negative
Seeking Alpha
7 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
10 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.
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