"PIMCO Euro Short-Term High Yield Corporate Bond Index UCITS ETF EUR Inc" is an exchange-traded investment fund (ETF). It refers to the BofAML 0-5 Year Euro Developed Markets High Yield 2% Constrained Index. This index reflects the development of stocks . The ETF replicates its index using full physical replication, so it contains all the securities of its reference index. The ETF's earnings (dividends) are distributed to the investors. The fund company PIMCO claims a total expense ratio (TER) of 0.50% per year.