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Bond King Bill Gross Buys His Own Funds

If you are considering putting more of your money into bonds, you are not alone.

Putting his money where his mouth is, famous Pimco bond manager Bill Gross just invested $7 million in three of his own funds.

Gross recently bought a total of 1.1 million shares in the Pimco Corporate Opportunity Fund (PTY), the Pimco Income Strategy Fund (PFL) and the Pimco Income Strategy Fund II (PFN).

So what do these funds invest in?

Continue reading Bond King Bill Gross Buys His Own Funds

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Last updated: May 28, 2012: 06:44 PM

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