According to the filing, three will focus on debt maturing in less than one year and two will focus on municipal bonds. In addition to this filing, PIMCO is also looking to launch six other passive funds.
Pimco also plans to use their bond expertise to compete in the industry formerly led by Barclays Global Investors (soon to be owned by BlackRock) and State Street.
PIMCO is also evaluating some of its other strategies to see if they’d be appropriate in ETFs.
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