PIMCO Filing Reveals ESG Fund Launch May be Ahead
May 28, 2020 at 09:00 AM EDT
In this day and age of low yields combined with the rising popularity of environmental, social and governance (ESG) investing, PIMCO was quick to see an opportunity as it initiated a filing with the Securities Exchange Commission (SEC) for the PIMCO ESG Income Fund. The fund will apparently invest in corporate bonds and high yield debt.