It???s not often that Pacific Investment Management Co (Pimco) has to play catch up. But that???s exactly what???s happening right now with regard to bond exchange-traded funds (ETFs). According to data compiled by Bloomberg, as of March 21, 2014, Bill Gross??? bond behemoth had taken in just $1 billion in new bond ETF deposits — well behind Blackrock???s $2.8 billion and Vanguard???s $2.5 billion. According to David Nadig, director of research at ETF.com, Pimco trailed because previously, it didn???t offer the same type of super-low-cost ETF funds that the other two do. But it sorely needs to. In 2013, bond ETFs took in $9.7 billion, while Pimco???s bond mutual funds lost $88.4 billion to redemptions. That???s a big part of the reasoning behind Pimco launching 19 new bond ETFs in January. But is that enough of a reason to get you to invest in these new funds?