a closed-end fund is listed on a stock exchange and trades like a stock, trading usually either at a discount or premium to its net asset value. The drop in PIMCO's closed-end funds also comes after a report from AllianceBernstein said it …
But Pimco already has “shadow equity” which is traded among Pimco employees; there’s no reason that it couldn’t get listed as some kind of tracking stock. And that tracking stock could be a very valuable acquisition currency as Pimco
Rising interest rates and a surging stock market have helped Vanguard's top stock fund ... We must pay more in taxes Even as stocks bottomed in March 2009, the Pimco Total Return Fund still kept growing until recently. The fund …
Pimco has worked furiously in recent years to branch into stock investing, but with limited success. The company said El-Erian, 55, will step down in mid-March as part of a broader management overhaul but will remain an advisor to Pimco's …
The Vanguard Total Stock Market Fund has overtaken the Total Return Fund of Newport, Calif.-based Pacific …
Shortly after PIMCO re-hired Paul McCulley as chief economist, Bill Gross revealed that he and McCulley had independently come to essentially the same conclusions about the New Neutral paradigm shaping the bond market. In …
An ETF is a fund that’s publicly traded, like a stock. The Journal said the investigation has been under way for a year. Whatever the troubles Gross was facing at Pimco, news of his hiring by Janus Capital sent that company’s stock
Last December, Gross listed some Pimco picks and pans. Here's what he had to say about portions of the stock market. "Non-Dollar Emerging-Market Stocks" were a pick. "Financial Stocks of Banks and Insurance Companies" were a pan. …
Bill Gross, manager of the world's largest bond fund at Pacific Investment Management Company (PIMCO), rattled bond investors when he announced yesterday (Wednesday) the fund has eliminated its holdings in U.S. government debt. …
Clarida is currently an economics professor at Columbia University and also serves as Global Strategic Advisor for PIMCO. Trump also intends to nominate ... its rating on the food and beverage company's stock to Sell from Neutral.