PIMCO Covered Bond UCITS ETF
PIMCO Covered Bond UCITS ETF (XETRA: COVR) is an exchange-traded fund listed on XETRA, trading at €102.08 (about ₹10,875 a unit) as of 14 Oct 2026, 11:35 AM ET. It has an expense ratio of 0.43% and holds 234 securities. Indian residents can buy COVR through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
€102.08
Today's high
€102.33
52 week low
€101.07
52 week high
€107.91
COVR opened at €102.33, closed previously at €102.25, and has traded between €101.07 and €107.91 over the past 52 weeks.
About
The PIMCO Covered Bond UCITS ETF endeavors to provide both income generation and capital appreciation, alongside the protection of investment capital. Its principal strategy involves allocating assets predominantly to a dynamically managed and varied selection of covered bonds.
Key statistics
Expense ratio
0.43%
Assets (AUM)
€105.3M
Holdings
234
NAV
€102.14
Avg. volume
848.00
1-year price change
-4.27%
5-year price change
-10.22%
Price change excludes dividends.
Top 10 holdings
COVR holds 234 securities in total. These 10 are 43.2% of the fund.
Where the money is invested
Countries
How to buy COVR from India
Indian residents can buy COVR units through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the units are held in your own name with Interactive Brokers. Read the full guide: how to invest in COVR from India
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit, and Interactive Brokers converts the dollars to EUR when you buy.
Search COVR and buy
Find the fund by its ticker, COVR, on XETRA, and place your order.
Track holdings and download tax reports
Follow your COVR position in EUR and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Trading and taxes when buying COVR from India
Trading and limits
- Trading hours
- 9:00 am – 5:30 pm CET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- Taxable in IndiaGains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling.
- Dividends
- Slab rateIt pays the dividends from its holdings out to you in cash, and dividends are taxed at your slab rate in India.Dividend tax explained
FAQs
What is the COVR price today?
PIMCO Covered Bond UCITS ETF (COVR) last traded at €102.08 on XETRA, as of 14 Oct 2026, 11:35 AM ET. That is ₹10,875 a unit at the 14 Oct 2026 EUR/INR rate.
When does COVR trade, in Indian time?
XETRA trades 12:30 pm – 9:00 pm IST. The window shifts to 1:30 pm – 10:00 pm IST when Germany is on standard time. Orders can only execute during that window.
How big is COVR, and what does it cost to hold?
PIMCO Covered Bond UCITS ETF manages about €105.3M. Its expense ratio is 0.43% a year, deducted inside the fund. It launched in 2013.
Is COVR a UCITS ETF?
Yes. PIMCO Covered Bond UCITS ETF is a UCITS fund domiciled in Ireland, set up under the European Union's UCITS rules for funds sold across Europe. It is listed on XETRA and trades in EUR.
What are COVR's largest holdings?
The top three are IRS EUR 3.00000 03/17/27-2Y LCH 3.00% 03/17/2029 (23.7%), FIN FUT EUX EURO-BTP 12/08/26 6.00% 12/09/2026 (3.7%) and BENDIGO AND ADELAIDE BK COV SEC REGS 2.89% 02/03/2031 (2.4%). COVR's 10 largest positions make up 43.2% of the fund.
Is COVR subject to US estate tax?
No. Because COVR is domiciled in Ireland rather than the US, it is not a US-situs asset, so US estate tax does not apply to it. US-listed ETFs held directly can be taxed at up to 40% above $60,000 when they pass to your family.
Is COVR accumulating or distributing?
Distributing. It pays dividends out to you in cash, taxed at your slab rate in India.
How are gains on COVR taxed in India?
Gains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling.
How has COVR performed?
COVR's price is down 4.3% over the past year and down 10.2% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.
How is COVR different from a US-listed ETF?
COVR is domiciled in Ireland rather than the US, which keeps it outside US estate tax. Capital gains on both are taxed the same way in India.