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.
PIMCO fund decreases mortgage holdings
Most Popular Articles
Latest Articles
Secondary mortgage market adjusts to higher-for-longer rates
A range of experts across a variety of secondary mortgage market sectors offered their thoughts on the market dynamics at play.
-
Keller Williams faces another lawsuit by a former agent
-
Former eXp agent accused of sexual assault sues the firm for defamation
-
eXp posts $15.6M loss in Q1 2024
-
Real estate farming: Become the go-to agent in your area using these tips, tools & strategies
-
Zillow believes the evolution of the industry will only help it grow