1. Money

Discuss in my forum

Who is PIMCO?

The Investment Company, Bill Gross, and Bond Funds

By , About.com Guide

Who is PIMCO? Also known as Pacific Investment Management Company, LLC, PIMCO is an investment management firm co-founded by legendary bond fund manager, William H. ("Bill") Gross.

Bill Gross and The Largest Mutual Fund in the World

If you took a poll of 1,000 random people and asked them, "Who or What is PIMCO?" many would probably guess it was a game or a new technology device. However, it is likely that most people either have shares of a PIMCO mutual fund or they know someone who owns shares.

Bill Gross manages PIMCO Total Return (PTTDX), which is the world's largest mutual fund, as well as other funds, including the popular Harbor Bond (HABDX). When not working to manage his fixed income portfolios, he remains busy speaking and writing. The Bill Gross Investment Outlook is widely read for his worldview and insights about the economy and markets.

See Also: Vanguard Investments, Who is Charles Schwab?, Who is Fidelity?, and Who is T. Rowe Price?

Disclaimer: The information on this site is provided for discussion purposes only, and should not be misconstrued as investment advice. Under no circumstances does this information represent a recommendation to buy or sell securities.

©2013 About.com. All rights reserved.