FYI: Pimco has been in the news for all the wrong reasons lately, after more than $100 billion of clients money followed Bill Gross out of the door. But come early February there are signs the bond giant is getting its act together.
While former CEO Bill Gross has moved down the street to run a new (much smaller) bond fund at Janus Capital Group Inc (NYSE:JNS), his old fund — Pimco Total Return (MUTF:PTTRX) — is doing just fine without him.
Regards,
Ted
http://learnbonds.com/pimco-total-return-gets-its-mojo-back/Only The Institutional Shares are *****
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