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|Avg Vol (3m)||N/A|
- ETF Trends•11 months ago
PIMCO is shuttering three of its exchange traded funds, including two that track U.S. Treasuries and one that follows a foreign currency strategy. According to PIMCO , the PIMCO 3-7 Year U.S. Treasury ...
- Reuters•2 years ago
U.S. regulators are expected to adopt rules on Wednesday that force "prime" money market funds used by large institutions to float their share price. Proponents have suggested that moving from the current stable $1 per share net asset value (NAV) to a floating NAV would help prevent investors from getting spooked by the prospect of funds "breaking the buck," or falling lower than that amount. The reform will impact a wide variety of asset managers, from Blackrock Inc, Fidelity and Vanguard to Charles Schwab Corp, Pimco and Federated Investors Inc. The two-pronged reform for the $2.6 trillion industry comes after a long battle between the SEC, the industry and federal banking regulators.