Pimco Experiment Beats Flagship Fund (PTTRX, BOND)
May 22nd, 2012
Pimco’s widely watched experiment with the industry’s first sizeable actively managed exchange traded fund, the Pimco Total Return ETF (NYSEARCA:BOND), has significantly outperformed the flagship mutual fund the PIMCO Total Return Instl (MUTF:PTTRX) on which it is based.
While both are managed by Bill Gross, the Total Return Fund ETF is up 4.8 per cent since it launched on March 1, with reinvested dividends, while the Total Return Mutual Fund has returned just 1.9 per cent, according to Morningstar, a research group.
Read the full FT article: HERE
The Euro’s Demise Has Been Set in Motion: Are you protected?
"Nationalism will emerge. Healthier countries will not see fit to spend their hard earned money to bail out their less responsible neighbors."
CLICK HERE to get your Free E-Book, “Why It’s Curtains for the Euro”
Most Comments