ISTB vs PCI

iShares Core 1-5 Year USD Bond ETF

The investment seeks to track the investment results of the Bloomberg Barclays U.S. Universal 1-5 Year Index, which measures the performance of U.S. dollar-denominated taxable bonds that are rated either investment-grade or high yield with remaining effective maturities between one and five years. The fund invests at least 90% of its assets in the component securities of the index and in investments that have economic characteristics that are substantially identical to the component securities and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, as well as in securities not included in the index.

PIMCO Dynamic Credit and Mortgage Income Fund

PIMCO Dynamic Credit and Mortgage Income Fund is a closed end fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Pacific Investment Management Company LLC. It invests in fixed income markets across the globe. The fund utilizes a dynamic asset allocation approach and seeks to invest in multiple fixed-income sectors in the global credit markets, including corporate debt, mortgage-related and other asset-backed securities, government and sovereign debt, taxable municipal bonds and other fixed, variable and floating rate income producing securities. It benchmarks the performance of its portfolio against a combined benchmark comprised of 80% Barclays Investment Grade Index and 20% BofA High Yield Index. The fund was formerly known as PIMCO Dynamic Credit Income Fund. PIMCO Dynamic Credit and Mortgage Income Fund was formed on January 31, 2013 and is domiciled in the United States.