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Friday, March 1, 2013

Happy Birthday to BOND

News summary by MFWire's editors

It's been a wild first year of existence for the Pimco Total Return ETF (BOND) [profile.

Bill Gross' fund its first birthday this week, and Morningstar and InvestorPlace were on the story.

The fund is the largest actively managed ETF in the world.

It has returned 12.5 percent, compared with its benchmark at 3 percent. 

Edited by: Ben Geier


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