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M*: Ballooning Assets at PIMCO Income Give Us Pause: (PONAX)
FYI: There's no question that PIMCO Income has been truly impressive. The fund boasts a world class team, an effective, time-tested process, and a stellar record. The strategy's assets have grown at an astonishing rate, though, which partly explains why its Morningstar Analyst Rating is Silver rather than Gold. Regards, Ted https://www.morningstar.com/videos/869698/ballooning-assets-at-pimco-income-give-us-pause.html
