# PIMCO Advantage US Short-Term High Yield Corporate Bond UCITS ETF Hedged EUR (STHE) **Source:** https://fundology.uk/fund/sthe · ISIN IE00BF8HV600 · Data: TradingView (LSE closes and returns, delayed), issuer documents, ONS CPIH, FCA FIRDS ## At a glance > Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise. As of 30/09/2026, STHE (PIMCO Advantage US Short-Term High Yield Corporate Bond UCITS ETF Hedged EUR, ISIN IE00BF8HV600) closed at €69.38 on the London Stock Exchange. Its ongoing charge is 0.60% a year (about £60 on £10,000). Over the five years to 30/09/2026 its total return was +1.9%, or −20.4% after UK CPIH inflation. ## Summary PIMCO Advantage US Short-Term High Yield Corporate Bond UCITS ETF Hedged EUR is an exchange-traded fund (ETF) from PIMCO, launched in 2012. It tracks the ICE BofA US High Yield Constrained (0-5 Y). You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.6% a year — about £60 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is paid out to holders as cash, usually a few times a year. It is currency-hedged: it aims to remove most of the effect of exchange-rate moves against the pound. Latest close: **€69.38** (30/09/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | STHE | | ISIN | IE00BF8HV600 | | Category | Corporate & other bonds | | Type | ETF | | Provider | PIMCO | | Tracks | ICE BofA US High Yield Constrained (0-5 Y) | | Income | Distributing | | Ongoing charge | 0.60% a year (£60 per £10,000) | | Fund size | £449m | | Launched | 2012 | | Domicile | Ireland | ## Past returns (periods to 30/09/2026) After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after ONS CPIH inflation. | Window | Return | After CPIH inflation | Measured as | |---|---|---|---| | 1 year | -5.35% | -8.32% | income reinvested | | 3 years | +4.55% | -5.66% | income reinvested | | 5 years | +1.87% | -20.36% | income reinvested | Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published. ## Calendar-year returns Calendar-year returns of PIMCO Advantage US Short-Term High Yield Corporate Bond UCITS ETF Hedged EUR in pounds (price only, income paid out not included): 2022 −6.4%, 2023 +0.2%, 2024 −5.2%, 2025 +4.0%; 2026 to 30/09/2026 −7.9%. Returns of PIMCO Advantage US Short-Term High Yield Corporate Bond UCITS ETF Hedged EUR in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: −8.6%; to 30/09/2025: +3.0%; to 30/09/2024: −0.4%; to 30/09/2023: −1.6%; to 30/09/2022: −10.5%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | -6.4% | -14.3% | Price | | 2023 | +0.2% | -3.8% | Price | | 2024 | -5.2% | -8.5% | Price | | 2025 | +4.0% | +0.4% | Price | | 2026 to 30/09/2026 | -7.9% | -10.5% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 4.63% | -9.05% | | 3 years | 4.85% | -9.26% | | 5 years | 6.62% | -17.28% | ## Largest fall Volatility of PIMCO Advantage US Short-Term High Yield Corporate Bond UCITS ETF Hedged EUR in pounds, annualised from weekly returns to 30/09/2026: 4.6% over 1 year, 4.9% over 3 years, 6.6% over 5 years. Largest fall in the price of PIMCO Advantage US Short-Term High Yield Corporate Bond UCITS ETF Hedged EUR since October 2021, in pounds: −17.3% from 01/10/2021 to 30/09/2026. The lowest 12-month return of PIMCO Advantage US Short-Term High Yield Corporate Bond UCITS ETF Hedged EUR in pounds (price only, income paid out not included) since January 2021 was −13.2% (12 months to 08/07/2022); the highest was +4.7% (12 months to 19/12/2025). On 30/09/2026 the price of PIMCO Advantage US Short-Term High Yield Corporate Bond UCITS ETF Hedged EUR was 17.3% below its highest weekly close since October 2021 (01/10/2021), in pounds. ## Charges compared with similar funds Ongoing charge of PIMCO Advantage US Short-Term High Yield Corporate Bond UCITS ETF Hedged EUR 0.60% a year, as of 01/10/2026: 25 of the 383 other corporate and other bond funds charge more, 7 the same and 351 less (share classes counted once). ## Funds tracking the same index 4 funds track ICE BofA US High Yield Constrained (0-5 Y), this one included and share classes counted once; their ongoing charges range from 0.55% to 0.60% a year (30/09/2026). | Fund | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | PIMCO Advantage US Short-Term High Yield Corporate Bond UCITS ETF Accum Hedged EUR | 0.60% | -2.0% | +16.6% | +13.6% | | PIMCO Advantage US Short-Term High Yield Corporate Bond UCITS ETF Accum USD | 0.55% | +3.2% | +15.1% | +27.8% | | PIMCO Advantage US Short-Term High Yield Corporate Bond UCITS ETF Hedged EUR (this fund) | 0.60% | -5.3% | +4.5% | +1.9% | | PIMCO Advantage US Short-Term High Yield Corporate Bond UCITS ETF USD | 0.55% | +0.7% | +3.1% | +15.8% | Returns are the data vendor’s, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.60%** per year - ISA eligible: yes - SIPP eligible: yes --- We show information. We are not financial advisers, not authorised by the FCA, and never recommend specific investments. Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.