You are here

Muni trades that pushed Pimco to the top in tough 2015

Wednesday, December 23, 2015 - 05:50

New York

PACIFIC Investment Management Co's high-yield municipal-bond mutual fund is jockeying for the top returns of 2015 after picking winners among pockets of distress. Here are the calls that put it there: Puerto Rico, the junk-rated Caribbean commonwealth saddled with US$70 billion