Re: Pimco Total Return Fund
The fund is run by the best known management team inthe bond world. They are very sophisticated and know their stuff. OTOH, they run so much money that it is tough for them to do things without moving the market. You could do a lot worse than the institutional class of this fund.
"There are three kinds of men. The one that learns by reading. The few who learn by observation. The rest have to pee on the electric fence for themselves."
- Will Rogers