PIMCO Investment Grade Corporate Bond Index… (CORP) Performance
CORP total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −1.3% since Dec 31, 2025
- 1 year
- −1.7% total return
- 5 years
- +0.5% a year
- 10 years
- +2.5% a year
- Since first price
- +3.4% a year since 2010
CORP trailing returns vs AGG, TLT, SPY
| Period | CORP total return | Price only | U.S. bonds (AGG) | 20+ yr Treasuries (TLT) | S&P 500 (SPY) |
|---|---|---|---|---|---|
| 1 month | +0.4% | 0.0% | +0.9% | +1.5% | −1.0% |
| 3 months | −0.8% | −2.1% | −0.4% | −1.0% | +3.2% |
| 6 months | −2.0% | −4.5% | −1.5% | −3.8% | +7.8% |
| YTD | −1.3% | −4.9% | −1.0% | −3.4% | +12.3% |
| 1 year | −1.7% | −6.4% | −1.1% | −6.9% | +14.4% |
| 3 years | +21.0%+6.6%/yr | +4.1% | +16.6%+5.2%/yr | +9.7%+3.1%/yr | +87.4%+23.3%/yr |
| 5 years | +2.7%+0.5%/yr | −17.6% | −0.8%−0.2%/yr | −32.5%−7.6%/yr | +79.3%+12.4%/yr |
| 10 years | +27.5%+2.5%/yr | −12.3% | +14.0%+1.3%/yr | −18.7%−2.0%/yr | +315.9%+15.3%/yr |
| 15 years | +62.3%+3.3%/yr | −9.0% | +32.2%+1.9%/yr | +9.9%+0.6%/yr | +696.0%+14.8%/yr |
| Since inceptionSep 21, 2010 | +71.6%+3.4%/yr | −7.1% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: CORP vs AGG
From Sep 21, 2010: CORP grew to $17,161, AGG to $13,859.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
CORP returns by calendar year
10 of 15 full years positive. Best 2019 (+14.8%), worst 2022 (−15.0%). 2026 is year to date.
CORP annual returns table
| Year | CORP | Largest drop | AGG | TLT | SPY |
|---|---|---|---|---|---|
| 2026YTD | −1.3% | −4.6% | −1.0% | −3.4% | +12.3% |
| 2025 | +7.9% | −3.0% | +7.2% | +4.3% | +17.7% |
| 2024 | +2.5% | −4.2% | +1.3% | −8.1% | +24.9% |
| 2023 | +9.9% | −6.6% | +5.7% | +2.8% | +26.2% |
| 2022 | −15.0% | −19.4% | −13.0% | −31.2% | −18.2% |
| 2021 | −1.2% | −5.1% | −1.8% | −4.6% | +28.7% |
| 2020 | +9.7% | −19.1% | +7.5% | +18.2% | +18.3% |
| 2019 | +14.8% | −2.4% | +8.5% | +14.1% | +31.2% |
| 2018 | −3.0% | −4.4% | +0.1% | −1.6% | −4.6% |
| 2017 | +6.6% | −2.0% | +3.6% | +9.2% | +21.7% |
| 2016 | +6.4% | −5.3% | +2.4% | +1.2% | +12.0% |
| 2015 | −0.9% | −4.4% | +0.5% | −1.8% | +1.2% |
| 2014 | +7.8% | −1.9% | +6.0% | +27.3% | +13.5% |
| 2013 | −1.6% | −6.9% | −2.0% | −13.4% | +32.3% |
| 2012 | +11.4% | −2.0% | +3.8% | +2.6% | +16.0% |
| 2011 | +5.5% | −3.5% | +7.7% | +34.0% | +1.9% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
CORP largest drawdowns
Now 2.9% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Aug 4, 2021 | −21.2% | Oct 20, 2022 | Sep 4, 2025 | 1.2 years | 4.1 years |
| Mar 6, 2020 | −19.1% | Mar 19, 2020 | Jun 10, 2020 | 13 days | 3 months |
| May 2, 2013 | −6.9% | Jun 24, 2013 | Apr 8, 2014 | 53 days | 11 months |
| Dec 31, 2020 | −5.3% | Mar 18, 2021 | Jul 19, 2021 | 3 months | 7 months |
| Aug 30, 2016 | −5.3% | Dec 14, 2016 | Jun 2, 2017 | 3 months | 9 months |
Declines from a closing high (distributions reinvested) of 5% or more. Underwater = time from the peak until the old high was regained.
CORP risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2010 |
|---|---|---|---|---|
| Annualized return | +5.5% | +0.2% | +2.3% | +3.3% |
| Volatility (annualized) | 6.3% | 7.9% | 6.9% | 6.1% |
| Sharpe ratio | 0.20 | -0.40 | 0.03 | 0.33 |
| Sortino ratio | 0.31 | -0.54 | 0.05 | 0.48 |
| Best month | +5.6% | +5.6% | +5.6% | +5.6% |
| Worst month | −2.5% | −5.3% | −6.2% | −6.2% |
| Best 12 months | +15.1% | +15.1% | +16.1% | +16.1% |
| Worst 12 months | −1.9% | −18.6% | −18.6% | −18.6% |
| Positive months | 64% | 53% | 58% | 60% |
| Beta vs S&P 500 | 0.27 | 0.34 | 0.26 | — |
| Correlation with S&P 500 | 0.54 | 0.68 | 0.59 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
CORP rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 182 | −18.6% | +4.6% | +16.1% | 79% |
| 3-year (a year) | 158 | −4.8% | +3.9% | +8.2% | 80% |
| 5-year (a year) | 134 | −0.2% | +3.4% | +6.7% | 99% |
| 10-year (a year) | 74 | +1.6% | +2.9% | +5.5% | 100% |
Every holding period starting at a month-end since 2010. Returns for 3 years and longer are annualized.
CORP performance overview
PIMCO Investment Grade Corporate Bond Index… (CORP) returned −1.7% over the past year and +2.5% a year over ten years, with distributions reinvested. Since its first recorded price in 2010 it has returned +3.4% a year, turning $10,000 into about $17,161. Over the same year U.S. bonds (AGG) returned −1.1%.
The deepest decline was −21.2%, from Aug 4, 2021 to Oct 20, 2022, and it took 2.9 years to get back to the old high. CORP finished 10 of its 15 full calendar years with a gain; the best year was 2019 (+14.8%) and the worst 2022 (−15.0%). Volatility has been 6.1% a year.
Related: CORP chart, CORP dividends, CORP bond profile. See the CORP overview for the latest quote and fund facts.
CORP performance FAQ
What is the CORP return over the past year?
CORP returned −1.7% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 6.4%.
What is the average annual return of CORP?
CORP has returned +0.5% a year over 5 years, +2.5% a year over 10 years, +3.4% a year since September 21, 2010 (total return, distributions reinvested).
How much would $10,000 invested in CORP be worth?
$10,000 invested in CORP at its first recorded close on September 21, 2010 would be worth about $17,161 on October 23, 2026 with distributions reinvested.
What was the worst year for CORP?
The worst calendar year was 2022, with a total return of −15.0%. The best was 2019 at +14.8%.
What is the biggest drawdown of CORP?
The largest peak-to-trough decline was −21.2% between August 4, 2021 and October 20, 2022. It recovered to the old high on September 4, 2025, 2.9 years after the bottom.
How volatile is CORP?
Over the past 3 years CORP had an annualized volatility of 6.3% and a Sharpe ratio of 0.20 (excess return over 1–3 month T-bills per unit of risk).