MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Wednesday, June 5, 2013 Two Gross Funds Had a Bad May Rare is the day that more people take money away from Bill Gross than give it to him. Apparently, though, there were a few of those days in May, though, as the Pimco Total Return Fund [profile] had its first month of net outflows since 2011, according to a Bloomberg story. The ETF version of the fund also had net outflows, the first time this has happened since the funds founding last year. The original fund lost $1.32 billion, while the ETF had $64.4 million pullsed out. Check out more details here. Printed from: MFWire.com/story.asp?s=44097 Copyright 2013, InvestmentWires, Inc. All Rights Reserved |