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Description:The PIMCO Global Advantage Inflation-Linked Bond Exchange-Traded Fund (ticker: ILB) is an actively-managed exchange-traded fund comprised of primarily high-quality inflation-linked bonds that span developed and emerging markets. The fund will normally invest at least 80% of its assets in inflation-linked bonds, which are fixed income securities tied to the consumer price index of a given country or region, and are designed to provide protection from inflation. The fund is benchmarked to both the GDP-weighted Global Advantage Inflation-Linked Bond Index and the Barclays Capital Universal Government Inflation-Linked Bond Index. The fund may not use options, futures or swaps.
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