PIMCO Total Return ETF Upped Treasury Bets in June Amid Outflows

PIMCO Total Return ETF (NYSEArca: BOND) experienced outflows of more than $500 million in June as the exchange traded fund managed by Bill Gross suffered its worst month of performance since listing in early 2012. The ETF boosted its stake in U.S. government-related debt to 35% at the end of June...