Active ETF Blockbuster: PIMCO Files For Total Return Fund

By: ETFdb
PIMCO, the world’s largest bond manager, has ETF investors salivating over the prospect of an ETF version of the ultra-popular Total Return Fund. In a recent SEC filing, PIMCO laid the groundwork to launch an ETF version of the world’s largest bond fund. The PIMCO Total Return Exchange-Traded Fund would be an actively managed product, seeking “maximum total return, consistent with preservation of capital and prudent investment management.” The proposed fund would maintain significant flexibility to shift exposure across various asset classes and durations, a feature that is responsible for the impressive track record rung up by the mutual fund version. At least 65% of the fund would be invested in a portfolio of fixed income securities that could include bonds, debt securities and other similar instruments issued by various U.S. and non-U.S. public- or private-sector entities. PIMCO has made headlines in recent weeks following reports that the Total Return [...] Click here to read the original article on Related Posts: Eaton Vance Gets Active ETF Approval Wide World Of Muni Bond ETFs Handicapping The Active ETF Race Will Legg Mason Jumpstart Actively-Managed ETFs? Checking In On Ten Major ETF Launches From 2009
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