The PIMCO Total Return Fund lowered its holdings of US Treasuries and mortgage debt in February. The data was shown in the world's biggest bond fund website on Monday.
PIMCO founder and co-chief investment officer Bill Gross runs the fund. In February, he showed a cut in its Treasury holdings to 28% from the 30% in January.
On its website the company said that the fund's holdings of US Treasury debt include Treasury notes, futures, bonds and inflation-protected securities.
The fund's exposure to mortgage debt was also slightly reduced by 36% from the previous 37%. From August of 2011, this was the fund's lowest exposure to mortgage securities.
The fund has about US$288.21 worth of assets and is the flagship of California-based PIMCO.
A slight cut in its holdings of non-US developed market assets to 11% in February from the previous 12% was also shown. In the same month, the fund showed increase in exposure to high yield creadit to 3% from 2%.
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