SEC Money Market Fund Reform Drives Interest in Short-Term Bond ETFs
January 22, 2013 at 09:59 AM EST
Short-duration bond ETFs such as PIMCO Enhanced Short Maturity Strategy (NYSEArca: MINT) are getting a closer look by investors frustrated with rock-bottom yields in money market funds. Reports that the Securities and Exchange Commission is taking another stab at reforming the money fund business...