Much of the fund news stemming from the government's takeover of Fannie Mae
and Freddie Mac
has been about which funds had placed the wrong bets. In Wednesday's
Wall Street Journal Fund Track
, Daisy Maxey took a look at the other side. Winning big was Pimco's Total Return Fund
, which angled its holdings of the two firms' mortgage-backed debt to profit from a bailout.
Stay ahead of the news ... Sign up for our email alerts now