Move lawsuit against Zillow clears contempt hurdle with settlement

Move lawsuit against Zillow clears contempt hurdle with settlement

Move declares "full steam ahead" in prosecution

Twitter roundup of this week's top housing articles

CFPB heads up the list

Shaky housing market about to get even shakier

When will we all stop kidding ourselves?
W S
Investments / The Ticker

PIMCO fund decreases mortgage holdings

/ Print / Reprints /
| Share More
/ Text Size+

The $285.6 billion fund also in January increased its exposure to U.S. government and Treasury-related securities, which include U.S. Treasury notes, bonds, futures, and inflation-protected securities, data from the firm's website showed on Monday. PIMCO increased its Treasury holdings to 30 percent from 26 percent, the most since July.

The PIMCO Total Return Fund decreased its exposure to mortgages, its largest holding, to 37 percent in January--the lowest since August 2011--from 42 percent in December, after hugely profitable bets last year. The PIMCO fund was up 10.36 percent in 2012, surpassing 88 percent of peers.

Source: Reuters
Read full story

Recent Articles by HousingWire Staff

Comments powered by Disqus