PIMCO Total Return ETF Trounces Benchmark, Mutual Fund in First Year
March 01, 2013 at 13:00 PM EST
PIMCO Total Return ETF (NYSEArca: BOND) is celebrating its first birthday with one-year returns that have crushed its benchmark and the mutual-fund version which is also managed by Bill Gross. Since its launch, BOND has posted a total return of 12.5% versus 3% for the Barclays Aggregate Bond Index....