Another day, another story about Bill Gross — but at least this one is actually about his fund.

According to a Barron's report, Pimco total Return Fund [profile] cut its holdings of mortgage securities back to 44 percent from 47 percent. This is it's lowest percentage in a year.

Gross also cut back Treasury holdings from 24 percent to 23 percent.

Read the original story here. 

Edited by: Ben Geier


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