Gross Says PIMCO ETF Not Afraid of Copycats
March 16, 2012 at 12:58 PM EDT
PIMCO Total Return ETF (NYSEArca: TRXT) manager Bill Gross said the fund disclosing its portfolio holdings daily won’t allow traders to “front run” the ETF’s trades. The bond fund manager told Yahoo Finance’s Breakout he doesn’t think an investor could look at the daily data and “see exactly a...