PIMCO Active Bond Exchange-Traded Fund (BOND) is a publicly traded company in the Financial Services sector, operating within the Asset Management industry.
BOND has IPO date of 2012-03-01, listed on the NYSE, a market capitalization of $7.76B.
PIMCO Active Bond Exchange-Traded Fund is a fixed income investment vehicle that allocates at least 80% of its assets to a diversified portfolio of fixed income instruments with varying maturities. The fund primarily focuses on investment-grade debt securities but maintains flexibility to invest up to 30% of total assets in high-yield securities, as rated by major rating agencies including Moody's, S&P, and Fitch, or as determined by PIMCO for unrated instruments. The fund may also utilize derivatives such as options, futures contracts, and swap agreements to enhance portfolio management and optimize returns in the bond market.