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Pimco Total Return Fund Loses World's Biggest Bond Fund Title

TedTed
in Fund Discussions
FYI: (The king is dead, long live the king ! Vanguard Total Bond Market Index Fund )

The Pimco Total Return Fund, launched by Bill Gross, has lost its title as the world's biggest bond mutual fund, following two years of withdrawals.
On Monday, Pimco said investors yanked another $5.6 billion from the Pimco Total Return Fund last month, bringing its assets to $110.4 billion at end of April.
By comparison, the Vanguard Total Bond Market Index Fund had $117.3 billion as of April 30, according to a Vanguard spokesman
Regards,
Ted
http://www.reuters.com/article/2015/05/04/us-investing-pimco-flows-idUSKBN0NP1W820150504

Comments

  • FundStudent
    I am waiting for Ben Bernanke to reverse the fortunes of PIMCO... ahh, the revolving door of fortune and fate.
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