Pimco will close its broad U.S. Treasury fund on March 14

|By:, SA News Editor

The Pimco Broad U.S. Treasury Index ETF (TRSY) will be shut down on March 14th after failing to accumulate sufficient funds; this was the reason given in the filing.

Since its launch in October 2010, the fund has gathered just $8 million in assets, while the iShares U.S. Treasury Bond ETF (GOVT) and Invesco's 1-30 Year Ladder Portfolio (PLW) have $120 and $144 million in assets respectively.

Other Pimco Treasury Funds: TUZ, TENZ, ZROZ, FIVZ