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Rating:Gross Dips His Toe Back Into Treasurys Not Rated 0.0 Email Routing List Email & Route  Print Print
Friday, June 10, 2011

Gross Dips His Toe Back Into Treasurys

News summary by MFWire's editors

Bill Gross
Pimco
Co-CIO
The media coverage of Bill Gross' every move and thought on Treasurys continues. The Wall Street Journal's Min Zeng reports that the Pimco [see profile] co-chief investment officer slightly upped his flagship Total Return Fund's Treasurys exposure last month while still significantly underweighting them.

According to the WSJ, Gross' mammoth $243-billion mutual fund held five percent of its assets in Treasurys in May, up from four percent in April but below the 32.5 percent weighting in the Barclays Capital Aggregate Bond Index.

Lipper senior research analyst Jeff Tjornehoj weighed in for the article. 

Edited by: Neil Anderson, Managing Editor


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