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Bill Gross, co-founder and co-chief investment officer of Pacific Investment Management Company (PIMCO), speaks at the Morningstar Investment Conference in Chicago

Pimco Total Return Fund ETF posts $53.9 million net outflow in May

Reuters - 2 hours 27 minutes ago The Pimco Total Return Active Exchange-Traded Fund posted net outflows of $53.9 million in May, ending the month with $2.6 billion in assets under management, according to Morningstar data on Tuesday. The Pimco Total Return ETF, an actively managed ETF intended to mimic the strategy of the company's flagship mutual fund, hit its peak in assets under management in …