Market Currents
Helping Pimco's Total Return ETF (BOND) to its big outperformance since the April launch is...
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Thursday, October 11, 2012, 10:27 AM ETHelping Pimco's Total Return ETF (BOND) to its big outperformance since the April launch is a large allocation (10% of assets) to municipal bonds. Treasurys make up just 4% of the holdings vs. the competing Aggregate Bond Index (AGG), where government paper makes up 36% of AUM.
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