(Bloomberg) -- Bill Grosss Pimco Total Return ETF is being investigated by the SEC over whether it artificially inflated asset prices to boost returns, according to the Wall Street Journal.
The issues being probed by the SEC include whether the $3.6 billion exchange-traded fund bought investments at discounted prices while relying on higher valuations for the assets when the fund calculated the value of its holdings, the newspaper reported yesterday, citing unidentified people familiar with the matter.
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