But I can’t work out how Fabrikant comes to that conclusion. El-Erian has managed money at two places: Pimco (twice), and Harvard. In his first stint at Pimco, between 1999 and 2005, he managed emerging-market bonds through the …
Bill Gross at Pimco has had a change of heart. Bloomberg reports Bond Bears Piling Into Treasuries as Yield Forecasts Cut by Most Since '09 Eight months ago Bill Gross, manager of the world's biggest bond fund, said Treasuries "may …
That worry is less of a concern for the Total Return fund: Mr Gross buys very liquid bonds, which are less vulnerable to such “front-running”, and announces many positions publicly. And for PIMCO the ETF offers new ways to build the fund …
If you own the Pimco Total Return Fund (PTTRX) in a taxable investment account, you’ve already been crushed by a manager departure, high portfolio turnover, and the ugliness may not yet be over. Ron DeLegge, Chief Portfolio …