FYI: Advisers who fled the Pimco Total Return Fund are paying a price.
So far this year, most of the mutual funds that compete directly with that Pacific Investment Management Co. product – once the world's largest mutual fund – are trailing the fund. Even the top managers that were most successful in taking in billions of dollars of inflows after Bill Gross left Pimco are also largely underperforming.
Regards,
Ted
http://www.investmentnews.com/article/20150901/FREE/150909991?template=printart
