BOND has a 0.55% expense ratio, compared to the 0.85% fee on the Total Return A-class shares.
PIMCO sees ETFs “as another means to provide individual investors access to Pimco’s thinking, strategy and active management,” Chief Operating Officer Douglas M. Hodge said in the article.
The firm is also considering ETF versions of the Real Return Fund (PRTNX), Low Duration Fund (PTLAX) and Diversified Income Fund (PDVAX).
For more information on the ETF industry, visit our current affairs category.
Max Chen contributed to this article.