Naysayers might point to the nearly $135 million that has been pulled from the PIMCO 0-5 Year High Yield Corporate Bond (NYSEArca: HYS) since the Gross news first broke, but that ignores some crucial facts, not the least of which junk bond ETFs of nearly every stripe have recently been stung by outflows. Additionally, Gross was not the manager of HYS and the ETF has added $345.1 million of its $3.8 billion in AUM this year. [Bond ETFs Bulk Up]
The PIMCO 7-15 Year U.S. Treasury Index Fund (NYSEArca: TENZ), managed by Dr. Vineer Bhansali, also the manager of HYS, has added nearly $17 million in new assets since Gross said he was leaving PIMCO.
PIMCO Enhanced Short Maturity
