Since Sept. 25, the day before Gross announced his resignation, the iShares Core U.S. Aggregate Bond ETF (NYSEArca: AGG), a passively managed rival to BOND, has seen inflows of $447.2 million. However, the Vanguard Total Bond Market ETF (NYSEArca: BND), another passively managed BOND rival, has lost $90 million.
BOND currently allocates 36% of its weight to corporate bonds with another 27% going to mortgage-backed securities and 17% devoted to U.S. government debt, according to PIMCO data.
PIMCO Total Return ETF
ETF Trends editorial team contributed to this post. Tom Lydon’s clients own shares of AGG.