Pimco Total Return Fund loses world's biggest bond fund title

May 4, 2015 9:06 PM

53 0

Pimco Total Return Fund loses world's biggest bond fund title

(Reuters) - 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.

Read more

To category page

Loading...