Pimco Probe Shouldn't Alarm Investors, Says Expert

Investor's Business Daily - Investing RSS http://ift.tt/1vjF4mv The Securities and Exchange Commission is reported to be probing whether bond leader Pimco inflated the returns of its Total Return ETF (BOND). Investigators are examining how fund managers purchased and valued certain bonds, and whether their activity led to investors being misinformed of the ETF's performance, according to Reuters. The $3.6 billion exchange traded fund was down 0.16% in late trading Wednesday but is up 5% year to date. The