London Stock Exchange ETF segment · UCITS ETF
Invest in STHE ETF from India
Indian and foreign residents can buy PIMCO US Short-Term High Yield Corporate Bond UCITS ETF (STHE) units directly through Paasa.
By Paasa · Updated
STHE at a glance
- Price
- €69.64-€0.19 (0.27%)
- Expense ratio
- 0.6%
- Day range
- €69.61 – €70.16
- Assets
- €1.9B
- Domicile
- Ireland
- Holdings
- 994
- Launched
- 2013
- Dividends
- Distributing
- 1 month
- -2.26%
- 6 months
- -3.14%
- YTD
- -5.51%
- 1 year
- -6.15%
- 5 years
- -16.90%
Price change, excluding dividends.
Top 10 holdings
- 1FIN FUT US 5YR CBT 12/31/26 6.00% 01/01/20278.9%
- 2U S TREASURY REPO 3.88% 09/25/20262.9%
- 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%
- 7MERIDIAN ARC HOLDCO LLC SR SEC 144A 6.25% 04/30/20310.6%
- 8U S TREASURY NOTE 3.88% 07/31/20270.6%
- 9PR RNO PROPERTY OWNER 1 SR SEC 144A SMR 6.50% 05/01/20310.6%
- 10ECHOSTAR CORP 10.75% 11/30/20290.5%
STHE holds 994 securities in total. These 10 are 20.9% of the fund.
Where the money is invested
Countries
- United States96.6%
- Other3.1%
- Norway0.3%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| STYCLSEPIMCO US Short-Term High Yield Corporate Bond UCITS ETF | 0.55% | 2.2B |
| STEALSEPIMCO 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 STHE 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 STHE and buy
Find the fund by its ticker, STHE, on the London Stock Exchange ETF segment, and place your order.
Why invest in STHE from India
What STHE holds
This PIMCO UCITS ETF, specializing in short-duration high-yield corporate bonds, endeavors to mirror the complete performance of the ICE BofAML 0-5 Year US High Yield Constrained Index, discounting any management fees and operational costs.
Outside US estate tax
STHE 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 STHE's UCITS structure matters for Indian investors
STHE 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 STHE from India?
Yes. Indian residents can buy PIMCO US Short-Term High Yield Corporate Bond UCITS ETF (STHE) 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 STHE invest in?
PIMCO US Short-Term High Yield Corporate Bond UCITS ETF holds 994 securities. Its largest holdings are FIN FUT US 5YR CBT 12/31/26 6.00% 01/01/2027 (8.9%), U S TREASURY REPO 3.88% 09/25/2026 (2.9%) and U S TREASURY REPO 3.90% 09/28/2026 (2.6%). It is a distributing fund domiciled in Ireland.
What is the expense ratio of STHE?
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 STHE 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.
How are STHE dividends taxed in India?
PIMCO US Short-Term High Yield Corporate Bond UCITS ETF is a distributing fund. It pays the dividends from its holdings out to you in cash. Dividends are taxed at your slab rate in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
What tax do I pay in India when I sell STHE?
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.