The bond fund king, and more notably, the bond fund prince, are in trouble once again.
The Wall Street Journal's
Min Zen writes that DoubleLine
] founder Jeffrey Gundlach
saw his Total Return Bond Fund
suffer outflows of $580 billion in July and his fund posted a net outflow of $1.3 billion this year through the end of last month.
And ah, how quickly the tides turn for Bill Gross
, who was reportedly
bouncing back from spring outflows just a few days ago, giving investors 0.47 percent in returns. Pimco
] Total Return Fund
had $7.5 billion in net outflows in July, marking the third straight month of outflows, Zeng writes.
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