Actively managed exchange-traded funds, on a combined basis, remain just a sliver of the overall U.S. ETF industry. As of mid-January, actively managed ETFs trading in the U.S. had just over $23 billion in assets under management, peanuts relative to the well over $2 trillion in combined U.S. ETF assets under management.
PIMCO, one of the world's largest managers of fixed income assets, accounted for $7.35 billion of those $22.9 billion in active ETF assets as of January 15, according to AdvisorShares data. The PIMCO Enhanced Short Mat Str Fund ETF (NYSE: MINT) is a big reason why the California-based money manager is one of the dominant issuers of active ETFs, as MINT is home to $4.47 billion in assets under management.
Although the Federal Reserve's pace of interest rate increases, which started in ...
/www.benzinga.com/trading-ideas/long-ideas/16/02/6191212/an-active-etf-with-an-all-star-pedigree alt=An Active ETF With An All-Star Pedigree>Full story available on Benzinga.com
More...