Jul
05
Pimco Income Fund Grows to $88.9 Billion as Inflows Continue
By-
Ivascyn’s mutual fund attracted a net $2.6 billion last month
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Pimco Total Return Fund hit by more withdrawals during June
The Pimco Income Fund climbed to $88.9 billion in assets last month, extending its lead as the world’s largest actively managed fixed-income fund, according to data posted on the firm’s website Wednesday.
Investors added a net $2.6 billion in June to the Income Fund, according to Bloomberg estimates. The fund had net inflows of $15.6 billion in the first half of this year after $16.9 billion of new investment in all of 2016…
Pimco Income Fund Grows to $88.9 Billion as Inflows Continue