There have been over 100 new exchange traded products launched in 2012 in the U.S. but PIMCO Total Return ETF (NYSEArca: BOND) is leading the way, attracting more than three times the inflows of its closest competitor.
The PIMCO ETF managed by Bill Gross that listed in March had gathered assets of $1.2 billion through the end of May to lead the list, followed by $381 million for iShares Barclays U.S. Treasury Bond Fund (NYSEArca: GOVT). [Why PIMCO Total Return ETF is Outperforming the Mutual Fund]
As of May 31, U.S. ETP providers launched 113 new products this year which have collected $2.7 billion total, according to data from BlackRock, which manages the iShares ETFs.
“The top 10 products have amassed 73% of the total assets under management,” the firm said. “The remaining 91% of new products (103 products) account for 27% of the representative AUM.”
Top 10 U.S. ETPs Launched in 2012 by Assets:
- PIMCO Total Return ETF — $1.2 billion
- iShares Barclays U.S. Treasury Bond Fund — $381 million
- SPDR Barclays Capital Short Term High Yield Bond ETF (NYSEArca: SJNK) — $130 million
- WisdomTree Emerging Markets Corporate Bond (NasdaqGM: EMCB) — $58 million
- Yorkville High Income MLP (NYSEArca: YMLP) — $31 million
- iShares Barclays CMBS Bond Fund (NYSEArca: CMBS) — $30 million
- iShares MSCI Global Gold Miners Fund (NYSEArca: RING) — $29 million
- PIMCO Global Inflation-Linked Bond Strategy (NYSEArca: ILB) — $28 million
- AdvisorShares Global Echo ETF (NYSEArca: GIVE) — $24.9 million
- iShares Global High Yield Corporate Bond Fund (BATS: GHYG) — $24.6 million
Data source: BlackRock
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