The PIMCOTotalReturn Exchange-Traded Fund(BOND) is a diversified portfolio of high quality bonds that is actively managed in an effort to maximize return in a risk-controlled framework.
We also continue to own some traditional bonds funds, such as PIMCOTotalReturnFund, in addition to other income-oriented investment vehicles such as the Nuveen High Yield BondFund, which yields more than 7%.
The launch of the PimcoTotalReturn Exchange-Traded Fund will test the mettle of investors with trillions of dollars invested in traditional bond mutual funds.