PIMCO Files for Total Return Exchange-Traded Fund
Bill Gross files for an ETF version of his popular fixed-income mutual fund.
This morning, PIMCO submitted a filing with the Securities and Exchange Commission seeking permission to roll out a similar version of its popular PIMCO Total Return Retail (PTRRX) mutual fund in an exchange-traded fund wrapper.
PIMCO, which has been building out a footprint in the ETF space over the past several years, is proposing the actively managed PIMCO Total Return Exchange-Traded Fund (TRXT), which would disclose portfolio holdings daily.
Robert Goldsborough does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.