joof

Little House on PIMCO’s Prairie

They have bene the WORST among the closed end bond sponsors in dealing with auction rate securities. Several of their funds have gone on non-distribution status - esp the muni funds . Google them and see

I know a major financial advisor firm that have told PIMCO that they will no longer sell their closed end products until they start showing some communication commitment , loyalty and concern for the channel especially the customers


However they are the biggest - good marketing and PR win