Where Some of BOND’s Cash is Heading
October 01, 2014 at 13:43 PM EDT
In news that is far from surprising, the PIMCO Total Return ETF (NYSEArca: BOND) is losing assets in the wake of Bill Gross’ departure, announced last week, from PIMCO, the California-based bond manager he co-founded. BOND, the actively managed ETF formerly managed by Gross and the ETF version of...