Tags: Bill Gross | Pimco | government bond | treasurys

Bill Gross' Pimco Total Return Fund Raises US Govt Holdings to 45 Percent: Website

Saturday, 11 Jan 2014 11:20 AM

Bill Gross' Pimco Total Return Fund, the world's largest bond fund, increased its holdings of U.S. government-related debt to 45 percent in December from 37 percent in November, data from the firm's website showed on Friday.

The fund, which has $237 billion in assets, posted an increase in its mortgage holdings to 35 percent in December from 34 percent in November.

The fund showed a negative position of 6 percent in money market and net cash equivalents in December after showing a 5 percent exposure in November. The fund also increased its holdings of non-U.S. developed market securities to 6 percent in December from 4 percent in November.

Pacific Investment Management Co., a unit of European financial services company Allianz SE, had $1.97 trillion in assets as of Sept. 30, 2013, according to the Pimco website.

© 2015 Thomson/Reuters. All rights reserved.

1Like our page
2Share
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
© Newsmax Media, Inc.
All Rights Reserved