The following was a memo to Sizemore Capital clients: Given the historically low yields present across the yield curve and Sizemore Capital’s view that bonds are risky investments at current prices (see “Grantham is Dumping Bonds“), Sizemore Capital has opted to substitute the actively-managed Pimco Total Return ETF (NYSE: $ BOND ) for our traditional bond index exposure [...] The post Sizemore Capital to Move to Active Bond Allocation appeared first on Sizemore Insights . Related posts: Sizemore Capital Allocation Change: Dividend Appreciation There is NOT a Bond Bubble — at Least Not Yet Sizemore Capital’s 2012 Year End Letter to Investors