Pimco Enhanced Short Maturity Strategy Fund (NYSEArca: MINT) and Pimco 1-5 Year U.S. TIPS Index Fund (NYSEArca: STPZ) are examples of successful ETFs the firm has launched that hold more than $1 billion in assets. [PIMCO’s ETF Hits $1 Billion With Active Success.]
High-yield bond ETFs such as SPDR Barclays Capital High Yield Bond (NYSEArca: JNK) and iShares iBoxx $ High Yield Corporate Bond Fund (NYSEArca: HYG) plunged last week but have bounced back. [Junk ETFs Fall]
Last Thursday, high-yield ETFs traded at a discount to net asset value, according to the iShares blog.
Pimco 1-5 Year U.S. TIPS Index Fund
Tisha Guerrero contributed to this article.