Title: TitlePlaceholder URL Source: https://doc.morningstar.com/Document/6cc00cf79bfd431250dd394e1bf8b2f7.msdoc/?clientid=atlas Number of Pages: 5 Markdown Content: 1 of 4 # PIMCO Advantage Covered Bond UCITS ETF P I M C O E T F s P L C : A S O F 3 0 A P R 2 0 2 6 Income Exchange Deutsche Börse (Xetra) Bloomberg Ticker COVR GY Trading Currency EUR ISIN IE00BF8HV717 Sedol BF8HV71 CUSIP G7110H180 Valoren 22497434 WKN A1W6DJ Key Facts Income Inception Date 17/12/2013 Distribution Annually Unified Management Fee 0.43% p.a. Fund Type UCITS Portfolio Manager Patrick Schneider, Timo Boehm Total Net Assets 42.6 (EUR in Millions) Fund Base Currency EUR Share Class Currency EUR Replication Method N/A Domicile Ireland U.K. Reporting Status N/A ISA Eligible N/A Minimum Investment 1 unit For Sustainable Finance Disclosure Regulation (SFDR) Categorization: Article 8 SFDR Categorization sets out how the fund is categorized for the purposes of Regulation (EU) 2019/ 2088 on Sustainability related Disclosures in the Financial Services Sector (SFDR) Article 8 Funds promote, among other characteristics, environmental or social characteristics. Further details are set out in the Prospectus and relevant Fund Supplement Investors should note that, relative to the expectations of the Autorité des Marchés Financiers, this Fund presents disproportionate communication on the consideration of non financial criteria in its investment policy MANAGER PIMCO Global Advisors (Ireland) Limited INVESTMENT ADVISOR PIMCO Europe Ltd pimco.com Exchange Information ETF CLASS INCOME SHARES Fund Description The PIMCO Covered Bond UCITS ETF aims to generate income while preserving and growing capital. The ETF will invest primarily in an actively managed diversified portfolio of covered bonds. Potential Investor Benefits The Fund offers efficient exposure to covered bonds. Covered bonds offers safe haven characteristics, downside protection and a significant yield pick up over assets with comparable risk profiles. Potential Fund Advantage • Relies on PIMCO’s multi -decade expertise in actively managing covered bonds • The Fund offers compelling opportunity to gain exposure to a global portfolio of covered bonds Risk and Reward profile Counterparty Risk : Other financial institutions provide services such as safekeeping of assets or as a counterparty to financial contracts such as derivatives. The fund is exposed to the risk of bankruptcy, or other type of default of transaction counter par ties. Credit and Default Risk : A decline in the financial health of an issuer of a fixed income security can lead to an inability or unwillingness to repay a loan or meet a contractual obligation. This could cause the value of its bonds to fall or become wor thl ess. Funds with high exposures to non -investment grade securities have a higher exposure to this risk. Derivatives and Counterparty Risk : The use of certain derivatives could result in the fund having a greater or more volatile exposure to the underlying assets an d an increased exposure to counterparty risk. This may expose the fund to larger gains or losses associated with market movemen ts or in relation to a trade counterparty being unable to meet its obligations. Fixed Income Risk : There is a risk that the institution which issued the securities will fail, which would result in a loss of income to the fund. Fixed income values are likely to fal l if interest rates rise. Risk of Using Derivatives : In order to reach its investment objective, the fund may use swaps, including futures and forwards. Such derivatives may result in gains or losses that are greater than the original amount invested. Interest Rate Risk : Changes in interest rates will usually result in the values of bond and other debt instruments moving in the opposite directi on (e.g. a rise in interest rates likely leads to a fall in bond prices). Mortgage Related and Other Asset Backed Securities Risks : Mortgage or asset backed securities are subject to similar risks as other fixed income securities, and may also be subject to prepayme nt risk and higher levels of credit and liquidity risk. ESG Risk : At PIMCO, we define ESG Integration as the consistent consideration of material ESG factors into our investment research process to enhance our clients’ risk -adjusted returns. Material ESG factors ma y include but are not limited to: climate change risks, social inequality, shifting consumer preferences, regulatory risks, tal ent management or misconduct at an issuer, among others. We recognize that ESG factors are increasingly essential inputs when evaluating global economies, markets, industries and business models. Material ESG factors are important considerations when evaluating long -term investment opportunities and risks for all asset classes in both public and private markets. Integrating ES G factors into the evaluation process does not mean that ESG information is the sole or primary consideration for an investment decision; instead, PIMCO’s portfolio managers and analyst teams evaluate and weigh a variety of financial and non -financial fact ors, which can include ESG considerations, to make investment decisions. The relevance of ESG considerations to investment decisio ns varies across asset classes and strategies. The Fund’s ESG investing strategy may select or exclude securities of certain iss uer s for reasons other than financial performance. Such strategy carries the risk that the Fund’s performance will differ from simila r f unds that do not utilize an ESG investing strategy. For example, the application of this strategy could affect the Fund’s exposure to certain sectors or types of investments, which could negatively impact the Fund’s performance. There is no guarantee that the factor s utilized by the Investment Advisor will reflect the opinions of any particular investor, and the factors utilized by the Inve stm ent Advisor may differ from the factors that any particular investor considers relevant in evaluating an issuer’s ESG practices. Fut ure ESG development and regulation may impact the Fund’s implementation of its investment strategy. In addition, there may be cos t implications arising from ESG related due diligence, increased reporting and use of third -party ESG data providers. Marketing Communication 2 of 4 > 11,735.27 > 11,043.02 > 0 > 2,000 > 4,000 > 6,000 > 8,000 > 10,000 > 12,000 > 14,000 Hypothetical Growth of 10K Fund Benchmark Fund_3 Ben Past performance does not predict future results. P I M C O A D V A N T A G E C O V E R E D B O N D U C I T S E T F Fund Statistics Effective Duration (yrs) 4.36 Estimated Yield to Maturity (%) ⊕ 3.28 Effective Maturity (yrs) 5.62 Past performance does not predict future results. Performance (Net of Fees) 1 Mo. 3 Mos. 6 Mos. 1 Yr. 3 Yrs. 5 Yrs. 10 Yrs. SI ETF, Inc (%) 0.30 -1.21 -0.89 0.31 3.53 -0.59 0.58 1.28 Benchmark (%) 0.30 -0.73 -0.34 0.62 3.16 -0.83 0.07 — Past Performance is not a guarantee or reliable indicator of future results and no guarantee is being made that similar retur ns will be achieved in the future. Calendar Year (Net of Fees) 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 YTD ETF, Inc (%) 3.07 2.33 0.07 3.95 3.00 -2.33 -12.66 6.05 3.80 2.69 -0.63 Benchmark (%) 2.16 0.69 0.26 2.75 1.90 -2.13 -13.12 5.56 3.37 2.24 -0.10 Past Performance is not a guarantee or reliable indicator of future results and no guarantee is being made that similar retur ns will be achieved in the future. The benchmark is the Bloomberg Euro Aggregate Covered 3% Cap Index All periods longer than one year are annualised. SI is the performance since inception. ABOUT THE BENCHMARK The Bloomberg Euro Aggregate Covered 3% Cap Index (the "Index") tracks the performance of euro -denominated covered bonds. Inclus ion is based on the currency denomination of the issue and not the domicile of the issuer. Qualifying securities must have an investment grade rating (based on an average of Moo dy's, S&P and Fitch), at least one year remaining term to final maturity, a fixed coupon schedule and a minimum amount outstanding of EUR 300 million. Index constituents are capita liz ation -weighted, based on their current amount outstanding, provided the total allocation to an individual issuer does not exceed 3%. It is not possible to invest directly in an unmanaged index Unless otherwise stated in the prospectus or in the relevant key investor information document/ key information document, the Fu nd is not managed against a particular benchmark or index, and any reference to a particular benchmark or index in this factsheet is made solely for risk or performance comparis on purposes. Ŧ Performance (Net of Fees) Apr'2020 -Apr'2021 Apr'2021 -Apr'2022 Apr'2022 -Apr'2023 Apr'2023 -Apr'2024 Apr'2024 -Apr'2025 ETF , Inc (%) 1.70 -7.43 -5.47 3.94 6.41 Benchmark (%) 0.32 -7.55 -5.50 2.94 6.00 The benchmark is the Bloomberg Euro Aggregate Covered 3% Cap Index All periods longer than one year are annualised. SI is the performance since inception. ## Source: PIMCO. Past Performance is not a guarantee or reliable indicator of future results ## and no guarantee is being made that similar returns will be achieved in the future. ## Growth of 10,000 is calculated at NAV and assumes that all dividend and capital gain distributions ## were reinvested. It does not take into account sales charges or the effect of taxes. Share value ## may go up as well as down as a result of currency fluctuations. 3 of 4 Source: PIMCO Top 10 Holdings (%MV)* IRS EUR 2.25000 09/16/26 -2Y LCH 14.6 FIN FUT US 10YR CBT 06/18/26 6.4 FIN FUT EUX EURO -BTP 06/08/26 3.8 FIN FUT EUX SHORT EURO -BTP 06/08/26 3.7 RFR GBP SONIO/3.50000 09/16/26 -5Y LCH 2.1 UBS SWITZERLAND AG COV SEC 2.0 FIN FUT US 5YR CBT 06/30/26 1.9 LIBERBANK SA COVERED SEC 1.9 BANK LEUMI LE -ISRAEL COV SEC 1.9 SUMITOMO MITSUI TR BK LT SEC 1.7 *Top 10 holdings as of 04/30/2026. Source: PIMCO 2 4 36 36 22 0 0 5 10 15 20 25 30 35 40 20+ yrs 10-20 yrs 5-10 yrs 3-5 yrs 1-3 yrs 0-1 yrs Maturity (%MV) P I M C O A D V A N T A G E C O V E R E D B O N D U C I T S E T F 5,4 5,8 6,9 6,9 7,9 9,2 9,6 13,2 16,9 17,5 0 5 10 15 20 Denmark Japan Netherlands Canada Spain Australia United Kingdom France Italy Euro Currency Top 10 Country Exposure (%MV) Source: PIMCO 4 of 4 p i m c o . c o m > ⊕ Yields reported gross of fees, the deduction of which will reduce the yield. Yields are reported in the base currency of the fun d and are not specific to the share class. PIMCO calculates a Fund's Estimated Yield to Maturity by averaging the yield to maturity of each security held in the Fund on a market weighte d b asis. PIMCO sources each security's yield to maturity from PIMCO's Portfolio Analytics database. When not available in PIMCO's Portfolio Analytics database, PIMCO sources the security' s y ield to maturity from Bloomberg. When not available in either database, PIMCO will assign a yield to maturity for that security from a PIMCO matrix based on prior data. The source dat a used in such circumstances is a static metric and PIMCO makes no representation as to the accuracy of the data for the purposes of calculating the Estimated Yield to Maturity. Th e Estimated Yield to Maturity is provided for illustrative purposes only and should not be relied upon as a primary basis for an investment decision and should not be interpreted as a gua rantee or prediction of future performance of the Fund or the likely returns of any investment. > Ŧ Differences in the Fund’s performance versus the index and related attribution information with respect to particular categor ie s of securities or individual positions may be attributable, in part, to differences in the pricing methodologies used by the Fund and the index. Marketing Communication: This is a marketing communication. This is not a contractually binding document and its issuance is not mandated under any la w o r regulation of the European Union or the United Kingdom. This marketing communication does not include sufficient detail to enable the recipient to make an informed investment decision. Please refer to the Prospectus of the UCITS and to the KIID/KID before making any final investment decisions. For residents in the UK: PIMCO Funds: Global Investors Series Plc, PIMCO Select Funds Plc & PIMCO ETFs Plc (the 'Funds') are domiciled in the Republic of Ireland and are authorised by the Central Bank of Ireland. The Funds are recognized in the UK under the Overseas Fund Regime but are not UK a uth orised funds. UK investors should be aware that they will not be able to refer a complaint against PIMCO Europe Ltd or the Depositary to the UK’s Financial Ombudsman Service . A ny claims for losses relating to PIMCO Europe Ltd or the Depositary will not be covered by the Financial Services Compensation Scheme. The prospectus of the Funds contains detail ed information and should be reviewed carefully. Prospective investors should consider obtaining financial advice before making a decision to invest in the Funds. For professional use only: Per the information available to us you fulfill the requirements to be classified as a professional client as defined in Anne x II of the MiFiD II Directive 2014/65/EU. Please inform us if otherwise. The services and products described in this communication are only available to pr ofe ssional clients as defined in Annex II of the MiFiD II Directive 2014/65/EU as implemented in each EU Member State and/or in the Financial Conduct Authority's Handbook. This commun ica tion is not a public offer and individual investors should not rely on this document. Opinion and estimates offered constitute our judgment and are subject to change without not ice , as are statements of financial market trends, which are based on current market conditions. We believe the information provided here is reliable, but do not warrant its accuracy or com pleteness. For qualified investor use only: Per the information available to us you fulfill the requirements to be classified as professional clients as defined by the S wi ss Collective Investment Schemes Act of 23 June 2006 (“CISA”). The information provided herein does not constitute an offer of the product incorporate d i n Ireland, in Switzerland pursuant to the Swiss Federal Law on Financial Services ("FinSA") and its implementing ordinance. This is solely an advertisement pursuant to FinSA and its im plementing ordinance for the product. Swiss representative and paying agent : BNP PARIBAS, Paris, Zurich branch, Selnaustrasse 16, 8002 Zurich, Switzerland. The prospect us, articles of association, Key Information Document(s) and annual and semi -annual financial reports of the product may be obtained free of charge from the Swiss representative. Additional Information/Documentation: A Prospectus is available for PIMCO Funds and UCITS Key Investor Information Documents (KIIDs) (for UK investors) and Package d r etail and insurance -based investment products (PRIIPS) key information document (KIDs) are available for each share class of each the sub -funds of the Company. The Company’s Prospectus can be obtained from www.fundinfo.com and is available in English, French, German, Italian, Portuguese and Spanish. The KIIDs an d KIDs can be obtained from www.fundinfo.com and are available in one of the official languages of each of the EU Member States into which each sub -fund has been notified for ma rketing under the Directive 2009/65/EC (the UCITS Directive). In addition, a summary of investor rights is available from www.pimco.com .The summary is available in English. The sub -funds of the Company are currently notified for marketing into a number of EU Member States under the UCITS Directive. PIMCO Global Advisors (Ireland) Limited can terminate suc h notifications for any share class and/or sub -fund of the Company at any time using the process contained in Article 93a of the UCITS Directive. PIMCO ETFs plc is an open ended umbrella investment company with variable capital and segregated liability between its sub -funds incorporated with limited liability in Ireland and authorised by the Central Bank of Ireland (the “Central Bank”) as an undertaking for collective investment in transferable se cur ities pursuant to the European Communities (Undertakings for Collective Investment in Transferable Securities) Regulations, 2011 (S.I. No. 352 of 2011), as amended ("UCITS").The info rma tion in this document is not intended as investment advice or as a recommendation to invest in any particular asset class, security or strategy. The information provided is for ill ustrative purposes only, and it should not be relied upon as investment advice or as a recommendation to buy or sell securities. Investors should seek independent professional advice pri or to investing. Any investment in an ETF should be made on the basis of the relevant Prospectus and Key Investor Information Documents/Key Information Document , including considera tio n of the investment objective, risks, charges and expenses. Further information on the ETFs, their Prospectus, Key Investor Information Documents and Supplements are available at www.pimco.co.uk or from your financial adviser or broker. For actively managed ETFs, further information on the use of benchmarks or indices is set out in the Prospectus and r ele vant Supplement.The distribution and the offering of ETFs in certain jurisdictions may be restricted by law. The information on this website does not constitute an offer or solic ita tion by anyone in any jurisdiction in which such an offer is not authorised or to any person to whom it is unlawful to make such an offer or solicitation. The information on this website is not for distribution to, or for the attention of, US or Canadian persons. UCITS ETF’s units / shares purchased on the secondary market cannot usually be sold directly back to UCITS ETF. Inve sto rs must buy and sell units / shares on a secondary market with the assistance of an intermediary (e.g. a stockbroker) and may incur fees for doing so. In addition, investors ma y p ay more than the current net asset value when buying units / shares and may receive less than the current net asset value when selling them. Important information: Your capital is at risk. You may not get back the amount you invested. Past performance is not a guara nte e or reliable indicator of future results and no guarantee is being made that similar returns will be achieved in the future. The information in this document is not intended as investment advice or as a recommendation to invest in any particular asset class, security or strategy. The information provided is for illustrative purposes only, and i t s hould not be relied upon as investment advice or as a recommendation to buy or sell securities. Investors should seek independent professional advice prior to investing. Any inves tme nt in an ETF should be made on the basis of the relevant Prospectus and Key Investor Information Documents, including consideration of the investment objective, risks, charges and ex pen ses. Further information on the ETFs, their Prospectus, Key Investor Information Documents and Supplements are available at www.pimco.co.uk or from your financial adviser or broker. For actively managed ETFs, further information on the use of benchmarks or indices is set out in the Prospectus and relevant Supplement. The distribution and the offering of ETFs in certain jurisdictions may be restricted by law. This information does not constitute an offer or solicitation by anyone in any jurisdiction in which such an offer is not authoris ed or to any person to whom it is unlawful to make such an offer or solicitation. This document is not for distribution to, or for the attention of, US or Canadian persons. UCITS ETF’s units / sha res purchased on the secondary market cannot usually be sold directly back to UCITS ETF. Investors must buy and sell units / shares on a secondary market with the assistance of an i nte rmediary (e.g. a stockbroker) and may incur fees for doing so. In addition, investors may pay more than the current net asset value when buying units / shares and may receive les s t han the current net asset value when selling them. 5 of 4 p i m c o . c o m PIMCO Europe Ltd (Company No. 2604517, 11 Baker Street, London W1U 3AH, United Kingdom) is authorised and regulated by the Financial Conduct A ut hority (FCA) (12 Endeavour Square, London E20 1JN) in the UK. The services provided by PIMCO Europe Ltd are not available to retail investors, who shoul d n ot rely on this communication but contact their financial adviser. Since PIMCO Europe Ltd services and products are provided exclusively to professional clients, the appropr iat eness of such is always affirmed. PIMCO Europe GmbH (Company No. 192083, Seidlstr. 24 -24a, 80335 Munich, Germany) is authorized and regulated by the German Federal Financial Superv isory Authority (BaFin) (Marie - Curie -Str. 24 -28, 60439 Frankfurt am Main) in Germany in accordance with Section 15 of the German Securities Institutions Act (WpIG). PIMCO Europe GmbH Italian Branch (Company No. 10005170963, Via Turati nn. 25/27 (angolo via Cavalieri n. 4) 20121 Milano, Italy), PIMCO Europe GmbH Irish Branch (Company No. 909462, 57B Harcourt Street Dublin D02 F721, Ireland), PIMCO Europe GmbH UK Branch (Company No. FC037712, 11 Baker Street, London W1U 3AH, UK), PIMCO Europe GmbH Spanish Branch (N.I.F. W2765338E, Paseo de la Castellana 43, Oficina 05 -111, 28046 Madrid, Spain), PIMCO Europe GmbH French Branch (Company No. 918745621 R.C.S. Paris, 50 –52 Boulevard Haussmann, 75009 Paris, France) and PIMCO Europe GmbH (DIFC Branch) (Company No. 9613, Index Tower Floor 10, unit 1001, Dubai International Financial Centre, Dubai, United Arab Emirates) are additionally supervised by: (1) Italian Branch: the Commissione Nazionale per le Società e la Borsa (CONSOB) (Giovanni Battis ta Martini, 3 - 00198 Rome) in accordance with Article 27 of the Italian Consolidated Financial Act; (2) Irish Branch: the Central Bank of Ireland (New Wapping Street, North Wall Quay , D ublin 1 D01 F7X3) in accordance with Regulation 43 of the European Union (Markets in Financial Instruments) Regulations 2017, as amended; (3) UK Branch: the Financial Conduct Authorit y ( FCA) (12 Endeavour Square, London E20 1JN); (4) Spanish Branch: the Comisión Nacional del Mercado de Valores (CNMV) (Edison, 4, 28006 Madrid) in accordance with obligations sti pulated in articles 168 and 203 to 224, as well as obligations contained in Title V, Section I of the Law on the Securities Market (LSM) and in articles 111, 114 and 117 of Roy al Decree 217/2008, respectively, (5) French Branch: ACPR/Banque de France (4 Place de Budapest, CS 92459, 75436 Paris Cedex 09) in accordance with Art. 35 of Directive 2014 /65/EU on markets in financial instruments and under the surveillance of ACPR and AMF and (6) DIFC Branch: Regulated by the Dubai Financial Services Authority ("DFSA") (Level 13, West Wing, The Gate, DIFC) in accordance with Art. 48 of the Regulatory Law 2004. The services provided by PIMCO Europe GmbH are available only to professional client s a s defined in Section 67 para. 2 German Securities Trading Act (WpHG). They are not available to individual investors, who should not rely on this communication. According to A rt. 56 of Regulation (EU) 565/2017, an investment company is entitled to assume that professional clients possess the necessary knowledge and experience to understand the risks associ ate d with the relevant investment services or transactions. Since PIMCO Europe GMBH services and products are provided exclusively to professional clients, the appropriateness of such i s a lways affirmed. PIMCO (Schweiz) GmbH (registered in Switzerland, Company No. CH -020.4.038.582 -2, Brandschenkestrasse 41 Zurich 8002, Switzerland). According to the Swiss Collect ive Investment Schemes Act of 23 June 2006 (“CISA”), an investment company is entitled to assume that professional clients possess the necessary knowledge and experienc e t o understand the risks associated with the relevant investment services or transactions. Since PIMCO (Schweiz) GmbH services and products are provided exclusively to professiona l c lients, the appropriateness of such is always affirmed. The services provided by PIMCO (Schweiz) GmbH are not available to retail investors, who should not rely on this communicatio n b ut contact their financial adviser. No part of this publication may be reproduced in any form, or referred to in any other publication, without express written p erm ission. PIMCO is a trademark of Allianz Asset Management of America LLC. in the United States and throughout the world. ©2026, PIMCO.