Pimco files for active ETFs

The bond fund manager has filed for three short duration funds, including the Enhanced Short Maturity Strategy Fund which invests at least 65% of total assets in short-term fixed income instruments with an average portfolio duration of one year. The short duration range also consists of the Pimco Government Limited Maturity Strategy Fund, which invests at least 80% of its assets in a portfolio of fixed income securities issued or guaranteed by the US government. The third short duration fund is the Pimco Prime Limited Maturity Strategy Fund, which places at least 65% of assets in a po...