Quick question - Bill Gross manages the PIMCO total return fund and is the biggest mutual fund currently or so I understand - they have several versions including an ETF (BOND) - PTTRX is the institutional version of this fund with operating expenses at about .46% while PTTDX is retail version available at many brokerages with operating expenses at .75% and 12-b fee it seems as well. I remember somewhere seeing that there was another mutual fund with a low minimum investment of $1000 or so and lower costs that essentially pooled their money into the PTTRX institutional fund. Does anyone here know anything about this? I looked around but could not find it. Any help is much appreciated. Thanks so much!
Ed
PIMCO Total Return Fund (PTTRX PTTDX etc...) question
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Kel
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PIMCO Total Return Fund (PTTRX PTTDX etc...) question
Last edited by Kel on Thu Sep 27, 2012 11:08 am, edited 1 time in total.
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Kel
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- Joined: Tue May 17, 2011 1:55 pm
- Location: Fairfield, Iowa USA
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Re: PIMCO Total Return Fund (PTTRX PTTDX etc...) question
Yes - perfect - thank you so much!