Registered: Sep 2010
03-30-12 09:17 PM
Any feedback on the new Pimco active ETF ?
I bought some earlier this month and although the volume is low, it's growing steadily, the way it seems the Total Return Fund has been growing. Plus for tax reasons I like the fact there is no dividends yet. ( I read somewhere that there's no witholding tax on bond dividends, but if IB expects me to apply for the refund on behalf of a foreign corporation to the IRS, it sounds like much hassle) I'm actually thinking of adding to this position to abt half my account value to buy and hold, than use margin for the swing trades.
What are the risks if bonds crash ? For instance today it's been down 0.14%, but on some days TLT/ZB go down TRXT hold its head out of the water.
Btw, the ticker will change I think on April 4th, to become BOND.