Bill Gross ETF Gobbles up Corporate Debt
August 21, 2014 at 14:33 PM EDT
The PIMCO Total Return ETF (NYSEArca: BOND), the ETF version of the storied Total Return mutual fund, is snatching up investment-grade corporate bonds at a rapid clip as some investors and market observers fret about the Federal Reserve raising interest rates in 2015. BOND, often referred to as the...