Pimco's Gross: More ETFs In The Works

By
April 03, 2012
Share:

 

With the success Pimco’s Total Return ETF (NYSEArca: TRXT) has witnessed in just a month, don’t be surprised to see a number of actively managed ETFs released by Pimco in the near future, according to an article on CNN Money.

While Pimco hasn’t yet filed any new paperwork with the Securities and Exchange Commission, the company is looking to meet investor demands for actively managed ETFs in various sectors of the bond market, the article said, quoting Bill Gross, a co-founder of Pimco and the manager of the Total Return mutual fund.

The Total Return Fund is the biggest mutual fund in the world, with more than $250 billion in assets. The ETF version, which launched on March 1, now has almost $290 million in assets.

Head over to Money.CNN.com for the full story.

ETF.COM CHANNELS

Learn why commodity ETFs are an essential part of a diversified portfolio with our Commodity ETFs channel.

Learn why bond ETFs are an essential part of a diversified portfolio with our bond ETF channel.

ETF DAILY DATA

The ETF tracking the Dow Jones industrial average was the inflows leader on Thursday, Feb. 4.

ETF issuers saw little movement in their asset totals on Thursday, Feb. 4.

ETF.COM ANALYST BLOGS

By Matt Hougan

Here's why you should attend the largest ETF conference in the world next month.

By Dave Nadig

Barclays built in a premium to this exchange-traded note, so back away.

By Sumit Roy

Why this probably isn't the start of a bear market.

By Dave Nadig

Many challenges ahead for the rapidly growing industry.

ETF INDUSTRY PERSPECTIVE

By Heidi Richardson

Opportunities in Germany and the eurozone.

By Shirish Malekar

How to protect your portfolio with liquid alts.