London Stock Exchange ETF segment · UCITS ETF
Invest in STEA ETF from India
Indian and foreign residents can buy PIMCO US Short-Term High Yield Corporate Bond UCITS ETF (STEA) units directly through Paasa.
By Paasa · Updated
STEA at a glance
- Price
- €123.58-€0.19 (0.15%)
- Expense ratio
- 0.6%
- Day range
- €123.56 – €124.04
- Assets
- €1.9B
- Domicile
- Ireland
- Holdings
- 996
- Launched
- 2017
- Dividends
- —
- 1 month
- -2.08%
- 6 months
- +0.56%
- YTD
- -1.01%
- 1 year
- -0.06%
- 5 years
- +14.23%
Price change, excluding dividends.
Top 10 holdings
- 1FIN FUT US 5YR CBT 12/31/26 6.00% 01/01/20278.9%
- 2U S TIPS REPO 3.93% 09/29/20262.9%
- 3U S TREASURY REPO 3.90% 09/28/20262.6%
- 4FIN FUT SOFR 90DAY CME (WHT) 06/15/27 06/16/20271.6%
- 5FIN FUT SOFR 90DAY CME (WHT) 09/14/27 09/15/20271.6%
- 6U S TREASURY NOTE 3.88% 07/31/20301.0%
- 7U S TIPS REPO 3.94% 09/28/20260.7%
- 8MERIDIAN ARC HOLDCO LLC SR SEC 144A 6.25% 04/30/20310.6%
- 9U S TREASURY NOTE 3.88% 07/31/20270.6%
- 10PR RNO PROPERTY OWNER 1 SR SEC 144A SMR 6.50% 05/01/20310.6%
STEA holds 996 securities in total. These 10 are 21.1% of the fund.
Where the money is invested
Countries
- United States96.7%
- Other3.0%
- Norway0.3%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| STYCLSEPIMCO US Short-Term High Yield Corporate Bond UCITS ETF | 0.55% | 2.2B |
| STHELSEPIMCO US Short-Term High Yield Corporate Bond UCITS ETF | 0.6% | 1.9B |
Assets are shown in each fund's own reporting currency.
How to invest in STEA from India
Step 1
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.
Step 2
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.
Step 3
Search STEA and buy
Find the fund by its ticker, STEA, on the London Stock Exchange ETF segment, and place your order.
Why invest in STEA from India
What STEA holds
The PIMCO Short-term High Yield Corporate Bond Index UCITS ETF is designed with the objective of closely matching the total investment performance of the ICE BofAML 0-5 Year US High Yield Constrained Index. This correspondence in returns is measured before the imposition of any fund fees or operational costs.
Outside US estate tax
STEA is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
Paasa handles the paperwork
Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.
Why STEA's UCITS structure matters for Indian investors
STEA is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
Capital gains are taxed in India the same way as on a US-listed ETF.
Frequently asked questions
Can I buy STEA from India?
Yes. Indian residents can buy PIMCO US Short-Term High Yield Corporate Bond UCITS ETF (STEA) through Paasa. It is listed on the London Stock Exchange ETF segment and trades in EUR. Your money leaves India under the RBI's Liberalised Remittance Scheme, and the units are held in your own name at Interactive Brokers.
What does STEA invest in?
PIMCO US Short-Term High Yield Corporate Bond UCITS ETF holds 996 securities. Its largest holdings are FIN FUT US 5YR CBT 12/31/26 6.00% 01/01/2027 (8.9%), U S TIPS REPO 3.93% 09/29/2026 (2.9%) and U S TREASURY REPO 3.90% 09/28/2026 (2.6%). The fund is domiciled in Ireland.
What is the expense ratio of STEA?
PIMCO US Short-Term High Yield Corporate Bond UCITS ETF has an expense ratio of 0.6% a year, taken from the fund's assets rather than billed to you. The fund manages about €1.9B.
Is STEA a UCITS ETF, and why does that matter for Indian investors?
Yes. PIMCO US Short-Term High Yield Corporate Bond UCITS ETF is a UCITS fund domiciled in Ireland. Because it is domiciled outside the US, it is not a US-situs asset, so US estate tax does not apply to it.
What tax do I pay in India when I sell STEA?
Gains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling. The gain is worked out in rupees at the EUR/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.