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Morningstar Data Gross’s Fund Lost More Than 40% Of Its Assets Over The Past Year

TedTed
in The Bullpen
FYI: Bill Gross’s signature fund at Janus Henderson has shed more than 40% of its assets, in a humbling period of redemptions and wrong-way bets for the fixed-income luminary, data from Morningstar show.

Gross’s Janus Henderson Global Unconstrained Bond Fund JUCAX, +0.23% saw redemptions for a fifth consecutive month, totaling about $232 million between June and July, bringing the fund’s total assets to $1.249 billion, according to the most recent report from Morningstar obtained by MarketWatch. The unconstrained fund began the year with total assets of $2.217 billion but has lost about 44% of those assets, or $968 million, year-to-date (see table below).
Regards,
Ted
https://www.marketwatch.com/story/bill-grosss-fund-has-lost-more-than-40-of-its-assets-over-the-past-year-morningstar-data-show-2018-08-21/print
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