Reuters: Money: Pimco grabs BOND ticker for Total Return ETF

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Pimco grabs BOND ticker for Total Return ETF Mar 28th 2012, 17:05 Wed Mar 28, 2012 1:05pm EDT (Reuters) - Pacific Investment Management Co is getting a new ticker for its closely-watched Total Return Exchange Traded Fund: BOND. The Newport Beach-based asset manager decided to change the ticker from "TRXT" to "BOND" to make it easier for investors to find the fund, according to a press release issued this morning. The new ticker will take effect April 4 on the New York Stock Exchange's Arca platform. Pimco's Total Return ETF is an ETF clone of the firm's $252 billion Total Return Fund. Financial advisers and asset managers have been closely watching the ETF since it launched on March 1 to see if it would take off. The ETF has $256.2 million in assets under management.

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