Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

In this Discussion

Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.

    Support MFO

  • Donate through PayPal

Gross' Fund At Janus Suffers Worst Monthly Redemptions Since October

FYI: The Janus Global Unconstrained Bond Fund suffered its worst monthly redemptions since bond legend Bill Gross started managing it in October.
Regards,
Ted
http://www.investmentnews.com/article/20150709/FREE/150709902?template=printart

Comments

  • The $272M bond fund mentioned in the article that followed Gross to Janus (a UK fund), effective July 6th:

    Old Mutual Total Return (USD) Bond Fund
    http://www.morningstar.co.uk/uk/funds/snapshot/snapshot.aspx?id=F0GBR04N74
  • Wouldn't that more correctly be called the best monthly redemption, and the worst monthly retention?
  • Good point. I hadn't noticed that. Now that you mention it, I see that while most papers report things like Dow's worst day, biggest loss, etc., you do occasionally see "worst loss", e.g.:

    Marketwatch: "The Dow Jones Industrial Average suffered its worst one-day point drop ..."
    USA Today
    : "The Dow Jones Industrial Average fell 1.6% to 17,718.54 in posting its worst point loss ..."
    Morningstar: "The Nikkei ended down 3.1% at 19737.64 for its wost decline in percentage terms ..."
  • @msf- I know, I know. It's hopeless. Actually, I was just trying to be mildly irritating, as usual.:)
Sign In or Register to comment.