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Pimco Income Expands To Largest Active Bond Mutual Fund
FYI: Dan Ivascyn’s Pimco Income Fund keeps raking in money.
The fund, co-managed by Ivascyn and Alfred Murata, celebrates its 10th anniversary this week by becoming the largest actively managed fixed-income mutual fund with $79.1 billion, according to Pimco’s website Tuesday. Pimco Income passed Metropolitan West Total Return Bond Fund as investors added approximately $3 billion in March, a monthly record, according to estimates by Bloomberg. Regards, Ted https://www.bloomberg.com/news/articles/2017-04-04/pimco-income-grows-to-largest-actively-managed-bond-mutual-fund
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