OMAHA, Neb. (AP) — Nebraska’s college savings plan is exchanging Pimco’s Total Return Fund in favor of another bond fund.

Nebraska’s Investment Council decided this fall that the MetWest Total Return Bond Plan Fund would be a better option for investors saving for college.

Pimco went through a change of leadership this fall when Bill Gross surprised many by resigning from the firm.

Deborah Goodkin, who manages Nebraska’s 529 college savings plans for First National Bank of Omaha, says the state investment council looked at Pimco’s organization and competing options with similar costs before making the change.

The change will take effect on Feb. 6