Why PIMCO Total Return ETF is Beating Its Mutual Fund Counterpart
July 06, 2012 at 14:37 PM EDT
PIMCO Total Return ETF (NYSEArca: BOND) is outperforming its mutual-fund cousin although both portfolios are overseen by legendary bond manager Bill Gross. Why the difference in returns? Apparently, size matters. The ETF is off to a fast asset-gathering start after launching in March but is still...