PIMCO High-Yield Fund Gets Protection

27 Sep 2007

PIMCO and Morgan Stanley have teamed up to create capital-protected notes linked to its High-Yield Fund.

PIMCO and Morgan Stanley have teamed up to create capital-protected notes linked to its High-Yield Fund. The notes are being widely marketed to U.S. investors, the idea being that the capital protection may attract investors who would not normally consider a high-yield fund. Mark Hudoff, portfolio manager, did ...

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