ETF spotlight on the PIMCO Investment Grade Corporate Bond Index Fund (NYSEArca: CORP), part of an ongoing series.
Assets: $274.0 million
Objective: The Investment Grade Corporate Bond Index Fund tries to reflect the performance of the BofA Merrill Lynch U.S. Corporate Index, which holds investment grade corporate debt.
Holdings: Top holdings include: Repo 4.0%, Repo 1.6%, JPMorgan Chase & Co. SR Unsec 1.5%, AT&T Inc. Glbl NT 1.2% and Verizon Comm Glbl SR Unsec 1.2%.