May 15 -- Pimco said Thursday that it will close three active stock mutual funds and instead focus on enhanced indexing strategies. Bloomberg's Mary Childs reports on “Bloomberg Surveillance.”
Back in April, my colleague Kirsten Grind wrote about the Pimco Total Return exchange-traded fund’s rip-roaring debut. From its debut on Feb. 29 through April 12, the ETF returned 2.52%, according to Morningstar. The mutual fund whose …
PIMCO Income Strategy Fund II is a closed end investment trust.It objective is to seeks high current income, consistent with the preservation of capital.The company was founded on October 29, 2004 and is headquartered in New York, NY.
Newport Beach, California-based Pimco has about $1.52 trillion under management. "Most prices are well into the marginal cost curve across metals and oil, and that will help to put a floor under prices here." Oil Poised Oil may rise to a …
they have delivered excellent results across their strategies, which deserve more attention.” Janus shares are up 16.5 per cent premarket. Lex Live on Pimco begins at 2.30pm BST, 8.30am EST.
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 …
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 …
But recent events have made it apparent that this downturn differs from recessions past. Today's housing bubble, unlike that of the stock market's before it, was financed with excessive and poorly regulated mortgage debt, and as housing …
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 …