Gross Cuts Holdings of Treasuries to Lowest Since Last October - Bloomberg

Gross Cuts Holdings of Treasuries to Lowest Since Last October - Bloomberg

 The proportion of U.S. government and Treasury debt in Pacific Investment Management Co.’s $278 billion Total Return Fund dropped to 20 percent of assets in September from 21 percent the prior month, according to data released on the Newport Beach, California-based company’s website. Mortgages remained his largest holding at 49 percent. Pimco doesn’t comment directly on monthly changes in its mutual funds.