PIMCO Total Return Active ETF (BOND)
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- Bloomberg•21 days ago
Pacific Investment Management Co.’s struggles to contain outflows since the departure of money manager Bill Gross in 2014 are coming to an end and the company won’t need additional cost cuts as assets ...
- Reuters•21 days ago
The SPDR DoubleLine Total Return Tactical ETF posted roughly $100 million of inflows in July, gaining more ground over the Pimco Total Return Active Exchange-Traded Fund in total assets under management, according to Morningstar data on Wednesday. The Pimco Total Return Active ETF, an actively managed intermediate-term ETF intended to mimic the strategy of Pimco's flagship mutual fund and once run by Pimco co-founder Bill Gross, posted net outflows of $5.4 million in July, leaving its assets under management at $2.59 billion. By comparison, the SPDR DoubleLine Total Return Tactical ETF, also known as TOTL, led by Jeffrey Gundlach, Philip Barach and Jeffrey Sherman, ended July with $2.76 billion in assets under management.