PIMCO Build America Bond Exchange-Traded Fund (BABZ)

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Fund Description

The investment seeks maximum income, consistent with preservation of capital. The fund invests at least 80% of assets in taxable municipal debt securities publicly issued under the Build America Bond program. The Build America Bond program was created as part of the American Recovery and Reinvestment Act of 2009 (the "Act") and provided for the issuance of taxable municipal securities on which the issuer receives U.S. government subsidies for the interest paid. It invests in U.S. dollar-denominated Fixed Income Instruments that are primarily investment grade, but may invest up to 20% of total assets in junk bonds rated B or higher. The fund is non-diversified.

Fund Snapshot Updated 04.16.2014

Previous Close $50.05 Expense Ratio 0.45%
YTD Return 7.26% Avg. 30-Day Volume 1,614
1-Year Return 4.6% Market Cap Loading...
Bid $49.96 Shares Outstanding 410,000
Ask $50.16 Dividends $2.05
Top Holdings
United States Treas Bills (—) 4.97%
United States Treas Nts (TMUNBUS912828UK40) 1.49%
United States Treas Nts (TMUNBUS912828RZ55) 1.49%
% of Total Holdings 8.00%

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