NEW YORK, Jan 16 (Reuters) – The $132 billion PIMCO Total Return Fund, the world’s largest bond mutual fund, reported sharply reduced holdings of mortgage-backed securities in December based on market.

Gross has gotten Pimco Total Return back on the right path this year, thanks to the fund’s 50% position in mortgage-backed securities. In fact, the Pimco Total Return Fund is up more than 8% this year, while the benchmark Barclays Capital Aggregate Bond Index is up less than 4%.

Bill Gross, manager of Pimco’s Total Return Fund, has cut the fund’s holdings in mortgage-backed securities for the eighth month in a row in February to 36%, down from 37% and 42% in January.

Bill Gross, manager of Pimco’s Total Return Fund, has cut the fund’s holdings in mortgage-backed securities for the eighth month in a row in February to 36%, down from 37% and 42% in January.

Bill Gross, also cut its U.S. government-related holdings to 43 percent in February from 46 percent in January. The fund increased its holdings of non-U. PIMCO Mortgage-Backed Securities Fund seeks maximum total return, consistent with the preservation of capital and prudent investment management by investing in a portfolio of investment grade.

Performance charts for PIMCO Mortgage-Backed Securities Fund (PSANX) including intraday, historical and comparison charts, technical analysis and trend lines.

 · The Pimco Total Return Fund, the world’s largest bond fund, cut its holdings of U.S. government-related securities and mortgages for the second straight month in.

Boston plans for 30,000 new homes by 2020 Fund managers’ are now aggressively overweight cash, according to a new survey from Bank of America Merrill Lynch. To be fair, Gayeski then sees the chance of a U.S. recession by the third quarter of 2020. That would suggest that the Dow 30,000 could mark a short-term peak. Others on Wall Street agree with Gayeski’s medium-term bullish.

Bond fund giant Pacific Investment Management Co., or Pimco, cut its holdings of U.S. government-related holdings in its flagship bond fund in September for the third straight month. Steve Rodosky.

FDIC-guaranteed and government-guaranteed corporate securities, and interest rate swaps. The Pimco Total Return Fund also reduced its mortgage holdings in July to 20 percent, down from 22 percent in.

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The Pimco Total Return Fund, the world’s largest bond fund, cut its holdings of U.S. government-related securities and mortgages for the second straight month in March on continued bets that the.

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The fund seeks to achieve its investment objective by investing at least 80% of its assets in a portfolio of mortgage-related assets, including, but not limited to Agency residential and.

Essentially, PIMCO (and others like DMO, DBL, and SEMPX) have purchased these ‘busted’ mortgage-backed securities at substantial discounts to par. Assessing the holdings, some of the purchases.

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