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Can PIMCO Total Return ETF (TRXT) Live Up To Its Hype?

The PIMCO Total Return Exchange-Traded Fund (TRXT) began trading March 1, 2012.  Prior to its launch, TRXT became the most highly anticipated ETF introduction since the MacroShares Major Metro Housing Up/Down pair (UMM and DMM) burst onto the scene.  The arrival of TRXT has been hailed as the death of the mutual fund, a turning point for actively-managed ETFs, crossing the Rubicon, an active ETF game-changer, along with countless other high-expectation phrases. Many might argue that the TRXT pre-launch hype exceeded that of UMM/DMM, but I believe UMM and DMM still hold that title.  After all, MacroShares held pre-IPO road shows, fooled Time Magazine into naming it one of the “Best Inventions of 2008” more than six months before the . . . → Read More: Can PIMCO Total Return ETF (TRXT) Live Up To Its Hype?
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