PJS1

Euro Short Maturity UCITS ETF
Cash Management
category / asset class
-0.04%
est. yield to maturity
As of 23/10/2020
€99.75
DAILY NAV
As of 23/10/2020
-0.23%
ytd return
As of 23/10/2020

why invest in this fund

Portfolio Information

0.63 Years
Effective Maturity
As of 23/10/2020
0.59 Years
Effective Duration
As of 23/10/2020
-0.04%
est. yield to maturity
As of 23/10/2020
A+
average quality
As of 23/10/2020

Fund Facts

FUND DESCRIPTION

The PIMCO Euro Short Maturity UCITS ETF aims to generate income while preserving and growing capital. The Fund will invest primarily in a portfolio of EUR-denominated fixed income instruments. Portfolio duration may vary between 0-1 years.

DAILY NAV PRICE
€99.75
As of 23/10/2020

Price

Trading Information


Trading Currency
EUR


Exchange Ticker
PJS1

Settlement Period
T+2

Bloomberg ticker
PJS1 GY

Trading Information


Trading Currency
EUR


Exchange Ticker
PJS1

Settlement Period
T+2

Bloomber ticker
PJS1 IM

Trading Information


Trading Currency
EUR


Exchange Ticker
PJS1

Settlement Period
T+2

Bloomberg ticker
PJS1 SW

BENCHMARK INFORMATION

Euro Short-Term Rate (ESTER)

ESTER reflects the wholesale Euro unsecured overnight borrowing costs of banks located in the Euro area. ESTER is published on any day on which the Trans-European Automated Real-time Gross Settlement Express Transfer payment system (or any successor settlement system) is open for the settlement of payments in Euro. ESTER is based on transactions conducted and settled on the previous business day (the reporting date “T”) with a maturity date of T+1 which are deemed to have been executed at arm’s length and thus reflect market rates in an unbiased way.

BENCHMARK INFORMATION
Data point name Data point value
Bloomberg Ticker ESTRON

The fund intends to measure its performance against the European Short Term Rate (the “Benchmark”). The fund is considered to be actively managed in reference to the Benchmark by virtue of the fact that it uses the Benchmark for performance comparison purposes. However the Benchmark is not used to define the portfolio composition of the fund or as a performance target.

BENCHMARK INFORMATION
Data point name Data point value

Security Information

As of 23/10/2020

General

ISIN IE00B5ZR2157
AUM €2,629,860,688.10
Benchmark BBG Ticker ESTRON
Number of Holdings 394
Base Currency EUR
Launch Date 11 January 2011
Shares Outstanding 14,221,641
UK Reporting Status Yes
Registered for Distribution in Denmark, Finland, France, Germany, Italy, Luxembourg, Netherlands, Norway, Spain, Sweden, Switzerland, United Kingdom
Exchanges Deutsche Börse Xetra, Borsa Italiana, SIX Swiss Exchange
UCITS Yes
Dividend Treatment Monthly

Structure

Legal Form UCITS
Replication Method Physical
Domicile Ireland
Financial Year End 31 March
Equity Ratio (Tax Information for German Investors) 0.00
Use of Income Distributed

Key Service Providers

Issuer ETF Ireland
Manager PIMCO Europe Ltd
Fund Administrator State Street Fund Services (Ireland) Limited
Depository State Street Custodial Services (Ireland) Limited
Authorized Participants Bank of America Merrill Lynch, Bluefin, Commerzbank, Credit Suisse, Flow Traders, Goldenberg Hehmeyer, Goldman Sachs, JP Morgan, Jane Street, Morgan Stanley, Nomura International PLC, Unicredit, Virtu Financial

Top Ten Exposure

As of 22/10/2020

Top Ten Exposure table

Name Coupon Weight (%)
FRENCH DISCOUNT T-BILL 0.00 5.58
GERMAN TREASURY BILL 0.00 4.46
JAPAN TREASURY DISC BILL #925 0.00 4.02
GERMAN TREASURY BILL 0.00 1.91
REPO -0.48 1.74
JAPAN TREASURY DISC BILL #928 0.00 1.56
CRED SUIS GP FUN LTD SR UNSEC 1.25 1.41
IRISH TREASURY BILL 0.00 1.34
UBS AG COCO SUB 4.75 1.24
THE ROYAL BANK OF SCOTLAND PLC 0.63 1.19

Fund Managers

fund manager Andrew Bosomworth
Andrew Bosomworth
Head of Portfolio Management, Germany
fund manager Markus Mueller
Markus Mueller
Portfolio Manager, Short-Term
As of 23/10/2020

Fees and Expenses

Name Value
Management Fee 0.35%

Because the fund is an ETF, investors will typically only be able to buy or sell shares in the secondary market, on exchange. Authorized Participants who help in the creation or redemption of shares in the primary market, may face “create” or “redeem” fees (aka “entry” or “exit” fees) on the cash portion of the transaction (up to a maximum of 3.00%). These create and redeem fees are not applicable to secondary market investors. However, secondary market investors may incur brokerage and/or transaction fees in connection with their dealings. Secondary market investors may also bear the costs of bid-ask spreads; meaning the difference between the prices at which shares can be bought and sold.

Yields

-0.04%
est. yield to maturity
As of 23/10/2020
0.73%
Current Yield
As of 23/10/2020
0.23%
distribution yield
As of 31/07/2017

Recent Distributions

As of 23/10/2020
Ex-Date
20/07/2017
Record Date
13/07/2017
Distribution Per Shares
0.0220
Currency
EUR

Dividends

As of 23/10/2020
Distribution Date Dist. NAV (€) Dividend Income (€) Dist. Total (€)
20/07/2017 101.59 0.022014 0.022014
15/06/2017 101.66 0.000821 0.000821
20/10/2016 101.81 0.024657 0.024657
18/08/2016 101.86 0.007757 0.007757
14/07/2016 101.84 0.002537 0.002537
18/02/2016 101.65 0.018892 0.018892
19/11/2015 101.70 0.001655 0.001655
17/09/2015 101.69 0.020744 0.020744
20/08/2015 101.77 0.009012 0.009012
16/07/2015 101.69 0.010949 0.010949
18/06/2015 101.68 0.029161 0.029161
14/05/2015 101.96 0.018792 0.018792
16/04/2015 101.97 0.014579 0.014579
19/03/2015 101.94 0.020937 0.020937
19/02/2015 101.88 0.035619 0.035619
15/01/2015 101.70 0.031876 0.031876
18/12/2014 101.60 0.032038 0.032038
20/11/2014 101.83 0.048196 0.048196
16/10/2014 101.81 0.038932 0.038932
17/09/2014 102.00 0.041222 0.041222
20/08/2014 101.90 0.045033 0.045033
16/07/2014 101.84 0.038416 0.038416
18/06/2014 101.83 0.051650 0.051650
14/05/2014 101.75 0.048581 0.048581
16/04/2014 101.65 0.042982 0.042982
19/03/2014 101.54 0.043971 0.043971
19/02/2014 101.52 0.029011 0.029011
15/01/2014 101.41 0.042344 0.042344
18/12/2013 101.34 0.033029 0.033029
20/11/2013 101.41 0.035718 0.035718
16/10/2013 101.28 0.018871 0.018871
18/09/2013 101.24 0.015122 0.015122
14/08/2013 101.23 0.011231 0.011231
17/07/2013 101.19 0.009902 0.009902
19/06/2013 101.21 0.027510 0.027510
15/05/2013 101.37 0.021745 0.021745
17/04/2013 101.29 0.033320 0.033320
20/03/2013 101.19 0.037476 0.037476
20/02/2013 101.11 0.051617 0.051617
16/01/2013 101.17 0.040285 0.040285
19/12/2012 101.06 0.049575 0.049575
14/11/2012 100.98 0.060273 0.060273
17/10/2012 100.94 0.033889 0.033889
19/09/2012 100.81 0.057097 0.057097
16/08/2012 100.72 0.059966 0.059966
18/07/2012 100.56 0.082940 0.082940
20/06/2012 100.27 0.086084 0.086084
16/05/2012 100.21 0.091310 0.091310
18/04/2012 100.22 0.113003 0.113003
14/03/2012 100.16 0.096692 0.096692
15/02/2012 99.99 0.103967 0.103967
18/01/2012 99.57 0.122784 0.122784
14/12/2011 99.41 0.150497 0.150497
16/11/2011 99.52 0.123976 0.123976
19/10/2011 99.44 0.144906 0.144906
14/09/2011 99.54 0.107412 0.107412
17/08/2011 99.82 0.095001 0.095001
20/07/2011 99.80 0.158593 0.158593
15/06/2011 99.82 0.084737 0.084737
18/05/2011 99.81 0.107158 0.107158
13/04/2011 99.80 0.088604 0.088604
16/03/2011 99.80 0.077205 0.077205
16/02/2011 99.81 0.063557 0.063557

Discrete Performance

As of 30/09/2020
ANNUALIZED RETURNS
Annual Returns
Sep `15 - Sep `16 Sep `16 - Sep `17 Sep `17 - Sep `18 Sep `18 - Sep `19 Sep `19 - Sep `20
Euro Short Maturity UCITS ETF 0.30 -0.26 -0.99 -0.40 -0.40
Euro Short-Term Rate (ESTER) -0.27 -0.36 -0.36 -0.37 -0.54
Performance - Fund vs Index 0.57 0.10 -0.63 -0.03 0.14
As of 30/09/2020
Portfolio Composition - Sector Allocation: Market Value
category / asset class FUND Fund ratio
Government Related 24.80
Securitized 12.31
Invest. Grade Credit 49.69
High Yield Credit 0.05
Emerging Markets 0.94
Municipal/Other 0.00
Net Other Short Duration Instruments 12.22
Portfolio Composition - Sector Allocation: Duration
Sector Fund Fund ratio
Government Related 14.31
Securitized 8.86
Invest. Grade Credit 73.79
High Yield Credit 0.14
Emerging Markets 1.27
Municipal/Other 0.00
Net Other Short Duration Instruments 1.63
As of 30/09/2020
Portfolio Composition - Maturity Distribution
Years % of Fund
0-1 80.00
1-3 20.00
3-5 0.00
5-10 0.00
10-20 0.00
20+ 0.00
Effective Maturity (yrs) 0.51
As of 23/10/2020
Portfolio Composition - Credit Rating: S&P
Quality MV (%) Fund percent
A1/P1 24.23
Below A1/P1 4.04
AAA 15.94
AA 8.39
A 23.15
BAA 24.20
BB 0.04
B 0.00
Below B 0.00

interest rate exposures

As of 30/09/2020
exposure FUND index
Effective Duration 0.48 0.00
Bull Market Duration 0.60 0.00
Bear Market Duration 0.43 0.00
Total Curve Duration 0.12 N/A

sector exposures

As of 30/09/2020
exposure FUND index
Mortgage Spread Duration 0.14 0.00
Corporate Spread Duration 0.44 0.00
Emerging Markets Spread Duration 0.05 0.00

country exposure breakdown

DISCLOSURES

Important information


Your capital is at risk. You may not get back the amount you invested. Past performance is not a guarantee or reliable indicator of future results and no guarantee is being made that similar returns will be achieved in the future.  


The information on this Website is not intended as investment advice or as a recommendation to invest in any particular asset class, security or strategy. The information provided is for illustrative purposes only, and it should not be relied upon as investment advice or as a recommendation to buy or sell securities. Investors should seek independent professional advice prior to investing. Any investment in an ETF should be made on the basis of the relevant Prospectus and Key Investor Information Documents, including consideration of the investment objective, risks, charges and expenses. Further information on the ETFs, their Prospectus, Key Investor Information Documents and Supplements are available at Fund Info or from your financial adviser or broker.  For actively managed ETFs, further information on the use of benchmarks or indices is set out in the Prospectus and relevant Supplement.

 

The distribution and the offering of ETFs in certain jurisdictions may be restricted by law. The information on this website does not constitute an offer or solicitation by anyone in any jurisdiction in which such an offer is not authorised or to any person to whom it is unlawful to make such an offer or solicitation. The information on this website is not for distribution to, or for the attention of, US or Canadian persons.

 

UCITS ETF’s units / shares purchased on the secondary market cannot usually be sold directly back to UCITS ETF. Investors must buy and sell units / shares on a secondary market with the assistance of an intermediary (e.g. a stockbroker) and may incur fees for doing so. In addition, investors may pay more than the current net asset value when buying units / shares and may receive less than the current net asset value when selling them.

 

The information provided on this website does not constitute an offer of UCITS ETF in Switzerland pursuant to the Swiss Financial Services Act ("FinSA") and its implementing ordinance ("FinSO"), but the information on this website may be construed as an advertisement pursuant to the FinSA. The representative and paying agent for the sub-funds of PIMCO ETFs plc in Switzerland is BNP Paribas Securities Services, Paris, succursale de Zurich, Selnaustrasse 16, 8002 Zurich, Switzerland. The offering documents, articles of incorporation and annual and semi-annual reports may be obtained free of charge from the representative in Switzerland. The ETFs are domiciled in Ireland.

 

French language copies of the Sub-Fund's Prospectus, Key Investor Information Documents, articles of incorporation, latest annual and semi-annual Report & Accounts may be obtained from Fund Info


The information contained on this Website referred to the UCITS ETF Fund (the Sub-fund) of PIMCO Europe Ltd, a collective investment scheme duly registered with the Spanish Securities Market Commission (CNMV) under number 1360 (www.cnmv.es), where it may be consulted the updated list of the authorised distributors of the Company in Spain (the Spanish Distributors). The Spanish Distributors must provide to each investor, prior to subscribing the shares of the Sub-fund, a copy translated into Spanish of the simplified prospectus or KIID, when implemented, and the latest published economic report prior to subscribing shares. In addition, a copy of the report on the planned types of marketing in Spain must be provided using the form published on the CNMV website. The prospectus and the KIID (if applicable) and other legally required documents relating to the fund are available through the Spanish Distributors, in hard copy or by electronic means, and also available upon request by dialling +44 20 3640 1558, writing to iberia@pimco.com or consulting Fund Info where you may also obtain updated information on the net asset value of the relevant shares.


PIMCO Europe Ltd (Company No. 2604517) and PIMCO Europe Ltd - Italy (Company No. 07533910969) are authorised and regulated by the Financial Conduct Authority (12 Endeavour Square, London E20 1JN) in the UK. The Italy branch is additionally regulated by the Commissione Nazionale per le Società e la Borsa (CONSOB) in accordance with Article 27 of the Italian Consolidated Financial Act. PIMCO Europe Ltd. services are available only to professional clients as defined in the Financial Conduct Authoritie´s Handbook and are not available to individual investors, who should not rely on this communication. | PIMCO Europe GmbH (Company No. 192083, Seidlstr. 24-24a, 80335 Munich, Germany), PIMCO Europe GmbH Italian Branch (Company No. 10005170963), and PIMCO Europe GmbH Spanish Branch (N.I.F. W2765338E) are authorised and regulated by the German Federal Financial Supervisory Authority (BaFin) (Marie- Curie-Str. 24-28, 60439 Frankfurt am Main) in Germany in accordance with Section 32 of the German Banking Act (KWG). The Italian Branch, and Spanish Branch are additionally supervised by the Commissione Nazionale per le Società e la Borsa (CONSOB) in accordance with Article 27 of the Italian Consolidated Financial Act, and the Comisión Nacional del Mercado de Valores (CNMV) in accordance with obligations stipulated in articles 168 and  203  to 224, as well as obligations contained in Tile V, Section I of the Law on the Securities Market (LSM) and in articles 111, 114 and 117 of Royal Decree 217/2008, respectively. The services provided by PIMCO Europe GmbH are available only to professional clients as defined in Section 67 para. 2 German Securities Trading Act (WpHG). They are not available to individual investors, who should not rely on this communication. PIMCO (Schweiz) GmbH (registered in Switzerland, Company No. CH020.4.038.582-2), Brandschenkestrasse 41, 8002 Zurich, Switzerland, Tel: + 41 44 512 49 10. The services provided by PIMCO (Schweiz) GmbH are not available to retail investors, who should not rely on this communication but contact their financial adviser. PIMCO provides services to qualified institutions and investors who fall within the category of professional client as defined in the FCA’s Handbook. PIMCO ETFs PLC is an umbrella type open ended investment company with variable capital and with segregated liability between Funds incorporated with limited liability under the laws of Ireland with registered number 489440. PIMCO is a trademark of Allianz Asset Management of America L.P. in the United States and throughout the world. Copyright 2020, PIMCO.