Key stats
About PIMCO Covered Bond UCITS ETF EUR
Home page
Inception date
Dec 17, 2013
Structure
Irish VCIC
Replication method
Physical
Dividend treatment
Distributes
Primary advisor
PIMCO Global Advisors (Ireland) Ltd.
ISIN
IE00BF8HV717
The investment objective of the Fund is to seek to maximise total return, consistent with prudent investment management.
Related funds
Classification
What's in the fund
Exposure type
Corporate
Miscellaneous
Stock breakdown by region
Top 10 holdings
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
COVR assets under management is 37.40 M EUR. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
COVR invests in bonds. See more details in our Analysis section.
COVR expense ratio is 0.43%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, COVR isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
Yes, COVR pays dividends to its holders with the dividend yield of 2.44%.
COVR shares are issued by Allianz SE
COVR follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Dec 17, 2013.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.