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Pimco Total Return Bond Fund attracts first inflows since April 2013
September 5, 2017 / 6:26 PM / 3 months ago

Pimco Total Return Bond Fund attracts first inflows since April 2013

NEW YORK, Sept 5 (Reuters) - The Pimco Total Return Bond Fund, which had lost its crown as the world’s largest bond fund in the world following Bill Gross’s shocking exit, attracted its first inflows since April 2013.

Investors poured $348 million of new cash into the Pimco Total Return Bond Fund in August, bringing its assets under management to $74.7 billion.

The Pimco Total Return Fund, which Gross had managed since 1987, hit a peak of $292.9 billion in assets under management in April 2013. A Pimco spokesman declined to comment. (Reporting By Jennifer Ablan; Editing by Chizu Nomiyama)

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