PIMCO Total Return ETF (TRXT): An Active ETF Gamechanger?
Bond fund giant PIMCO launched its highly anticipated Total Return ETF (TRXT) on Thursday, bringing to market an exchange-traded version of the mutual fund that has accumulated about $250 billion in assets since its debut in the 1980s. The new ETF is the most eagerly anticipated product launch of the last several years–perhaps throughout the relatively brief history of the ETF industry. The new actively-managed ETF will be under the direction of bond guru Bill Gross, one of the most successful and respected fixed income strategists. Total Return Fund Legacy TRXT will be benchmarked against the Barclays Capital U.S. Aggregate Bond Index, a broad-based measure of investment grade bonds from U.S. issuers. Gross has consistently outperformed that benchmark since the product launched more than two decades ago, generating excess returns of close to 100 basis points annually. The fund has, of course, had a few bumps in the road; last [...] Click here to read the original article on ETFdb.com. Related Posts: 9 Things Investors Need To Know About The PIMCO Total Return ETF PIMCO’s Total Return ETF (TRXT) To Debut In March Where The ETF Money Is Flowing (The Answer Might Surprise You) How ETF Investors Can Save $415 Million (Without Breaking A Sweat) Schwab Debuts Cheapest Ever Bond ETF (SCHZ)
Bond fund giant PIMCO launched its highly anticipated Total Return ETF (TRXT) on Thursday, bringing to market an exchange-traded version of the mutual fund that has accumulated about $250 billion in assets since its debut in the 1980s. The new ETF is the most eagerly anticipated product launch of the last several years–perhaps throughout the relatively brief history of the ETF industry. The new actively-managed ETF will be under the direction of bond guru Bill Gross, one of the most successful and respected fixed income strategists.  Total Return Fund Legacy TRXT will be benchmarked against the Barclays Capital U.S. Aggregate Bond Index, a broad-based measure of investment grade bonds from U.S. issuers. Gross has consistently outperformed that benchmark since the product launched more than two decades ago, generating excess returns of close to 100 basis points annually. The fund has, of course, had a few bumps in the road; last [...]

Click here to read the original article on ETFdb.com.

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