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Gross Zeros Out Exposure to Government Debt

Morningstar analyst Eric Jacobson digs into the details of PIMCO Total Return's move away from government securities and outlines where Bill Gross has been putting money to work.

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Jason Stipp: I'm Jason Stipp for Morningstar.

News stories surfaced on Wednesday that bond king Bill Gross made a big move out of U.S. Treasuries in his Total Return Bond Fund.

Jason Stipp does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.