PIMCO Total Return ETF Experiences First Monthly Outflow
June 10, 2013 at 12:30 PM EDT
PIMCO Total Return ETF (NYSEArca: BOND) saw its first-ever monthly outflow in May as bond funds absorbed losses on rising Treasury yields and fears the Federal Reserve may scale back on quantitative easing. Last month, BOND lost $107.8 million, The Wall Street Journal reports, citing Morningstar...