In the Margins

PIMCO Total Return plagued by redemptions

October 2, 2015

By BloombergBusiness

Once the world's largest mutual fund, the PIMCO Total Return Fund had its 29th straight month of client redemptions in September. Investors pulled $2.3 billion from the fund in September. This followed $1.8 billion in August, $2.5 billion in July, and $3 billion in June. Assets have fallen to $95.5 billion from an April 2013 high of $293 billion. Read the original story from BloombergBusiness