At least three mutual-fund providers, BlackRock Inc., Allianz SE’s Pacific Investment Management Co. and Legg Mason Inc., are launching so-called “toxic” closed-end funds to take advantage of various parts of the Obama administration’s toxic-asset program, the WSJ reported Friday.
Disclaimer: This page contains affiliate links. If you choose to make a purchase after clicking a link, we may receive a commission at no additional cost to you. Thank you for your support!
Leave a Reply