PIMCO Global Ownership
PMNT Etf | CAD 19.05 0.02 0.10% |
PIMCO |
PIMCO Etf Ownership Analysis
The fund maintains about 30.65% of assets in bonds. PIMCO Global Short last dividend was 0.0579 per share. PIMCO Global Short Maturity Fund has a primary portfolio of non-Canadian dollar short term, fixed income securities that are investment grade-rated . PIMCO GLOBAL is traded on Toronto Stock Exchange in Canada. To find out more about PIMCO Global Short contact the company at 877-506-8126.PIMCO Global Outstanding Bonds
PIMCO Global issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. PIMCO Global Short uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most PIMCO bonds can be classified according to their maturity, which is the date when PIMCO Global Short has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Pair Trading with PIMCO Global
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if PIMCO Global position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in PIMCO Global will appreciate offsetting losses from the drop in the long position's value.Moving together with PIMCO Etf
0.71 | FLGA | Franklin Global Core | PairCorr |
0.77 | FGO | CI Enhanced Government | PairCorr |
0.8 | CPLS | CIBC Core Plus | PairCorr |
0.63 | MGB | Mackenzie Core Plus | PairCorr |
Moving against PIMCO Etf
0.55 | ZEB | BMO SPTSX Equal | PairCorr |
0.5 | ZSP | BMO SP 500 | PairCorr |
0.5 | VFV | Vanguard SP 500 | PairCorr |
0.45 | XSP | iShares Core SP | PairCorr |
The ability to find closely correlated positions to PIMCO Global could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace PIMCO Global when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back PIMCO Global - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling PIMCO Global Short to buy it.
The correlation of PIMCO Global is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as PIMCO Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if PIMCO Global Short moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for PIMCO Global can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in PIMCO Etf
PIMCO Global financial ratios help investors to determine whether PIMCO Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in PIMCO with respect to the benefits of owning PIMCO Global security.