Stock Expert AI

CORP ETF — Holdings & Analysis

The PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (CORP) offers exposure to the U.S. corporate bond market, seeking to replicate the BofA Merrill Lynch US Corporate IndexSM.

With $1.51 billion in assets under management, CORP provides a broad investment in investment-grade corporate bonds. The fund's expense ratio is 0.41%, and it holds over 1428 different bonds. Investors should note the fund's current dividend yield is 0.00%. Past performance does not guarantee future results.

PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (CORP) ETF — Price, Holdings & Analysis

The PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (CORP) offers exposure to the U.S. corporate bond market, seeking to replicate the BofA Merrill Lynch US Corporate IndexSM. With $1.51 billion in assets under management, CORP provides a broad investment in investment-grade corporate bonds. The fund's expense ratio is 0.41%, and it holds over 1428 different bonds. Investors should note the fund's current dividend yield is 0.00%. Past performance does not guarantee future results.

ETF Overview

The Fund seeks to provide total return that closely corresponds, before fees and expenses, to the total return of The BofA Merrill Lynch US Corporate IndexSM
CORP aims to mirror the performance of the BofA Merrill Lynch US Corporate IndexSM, focusing on investment-grade corporate bonds. This ETF is designed for investors seeking broad exposure to the U.S. corporate bond market. The fund achieves this by holding a diverse portfolio of over 1428 corporate bonds. A significant portion of the fund, 84.3%, is allocated to United States-based bonds, with smaller allocations to the United Kingdom (4.8%), Japan (2.8%), Canada (2.6%), and France (2.0%). A notable allocation of 100.0% is held in Cash & Others. CORP's strategy makes it suitable for investors looking for a relatively passive approach to investing in corporate bonds, offering diversification within the investment-grade segment. Past performance does not guarantee future results.

Risk Metrics

CORP's risk profile is influenced by its investment in corporate bonds. The fund's beta of 1.05 indicates that it has similar volatility to the market. While the fund holds over 1428 bonds, concentration risk exists within its country exposure, with 84.3% allocated to the United States. The 0.41% expense ratio will create a slight drag on returns over time, which is important for investors to consider. The fund's sector allocation is heavily weighted in Cash & Others at 100.0%. Investors should carefully consider their own risk tolerance and investment objectives before investing in CORP. Past performance does not guarantee future results.

Expense Ratio

0.41%

How Is the Fund Allocated?

SectorWeight
Cash & Others100.0%
CountryWeight
United States84.3%
United Kingdom4.8%
Japan2.8%
Canada2.6%
France2.0%
Ireland1.2%
Netherlands1.0%
Switzerland0.8%
Australia0.8%
Italy0.8%

Dividend Yield

0.00%

Risk Metrics

  • Beta: 1.05

Questions & Answers

What is CORP and what does it track?

CORP is the PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund. It seeks to replicate the performance of the BofA Merrill Lynch US Corporate IndexSM, which represents the U.S. dollar-denominated investment-grade corporate bond market.

The fund provides investors with exposure to a broad range of corporate bonds, offering diversification within this asset class.

What is the expense ratio for CORP?

The expense ratio for CORP is 0.41%. This means that for every $10,000 invested in the fund, $41 is deducted annually to cover operating expenses.

While this is a cost to consider, it is important to weigh it against the potential benefits of the fund's diversification and investment strategy. The category average expense ratio for similar fixed-income ETFs is 0.44%, making CORP slightly lower than the average.

What are the top holdings in CORP?

While specific bond holdings fluctuate, the fund's composition is largely determined by the BofA Merrill Lynch US Corporate IndexSM. As a passively managed fund, CORP does not disclose specific top holdings in the same way as actively managed funds.

Instead, it seeks to replicate the index's composition across over 1428 bonds.

Is CORP a good long-term investment?

Whether CORP is a suitable long-term investment depends on an individual's investment goals, risk tolerance, and time horizon. CORP offers exposure to investment-grade corporate bonds, which can provide a steady stream of income and diversification benefits.

However, investors should be aware of the fund's expense ratio of 0.41% and its sensitivity to interest rate changes.

How does CORP compare to similar ETFs?

CORP competes with other ETFs that track investment-grade corporate bonds. Key differentiators include its expense ratio of 0.41% and its AUM of $1.51 billion.

Some competing ETFs may have lower expense ratios, while others may focus on different segments of the corporate bond market, such as short-term or high-yield bonds.

Does CORP pay dividends?

As of 2026-03-15, CORP has a dividend yield of 0.00%. This indicates that the fund is not currently distributing income to shareholders in the form of dividends.

Investors seeking income from their investments may want to consider other fixed-income ETFs with a higher dividend yield. It's important to note that dividend yields can fluctuate over time based on market conditions and the fund's underlying holdings.