The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Bond Funds Are Having Their Worst Year Ever Not Rated 0.0 Email Routing List Email & Route  Print Print
Thursday, December 12, 2013

Bond Funds Are Having Their Worst Year Ever

News summary by MFWire's editors

$70.7 billion has flowed out of bond mutual funds so far this year. Unless investors pile back in this month, 2013 will earn the title of "worst bond fund outflows ever," surpassing the $62.5 billion that flowed out back in 1994.

Bloomberg and other news outlets picked up on that tidbit from new data released yesterday by TrimTabs Investment Research.

Half of those outflows, $36.9 billion as of November 30 according to Morningstar, came just from Bill Gross' giant Pimco Total Return Fund [profile], the largest mutual fund of the world until October.

The pain hasn't been evenly distributed. Through October, according to Morningstar, $63.4 billion flowed out of intermediate-term bond funds (like Pimco Total Return) and $43.9 billion flowed out of muni bond funds. On the flipside, $48 billion flowed into unconstrained, non-traditional bond funds, and $47.7 billion flowed into bank loan funds. 

Edited by: Neil Anderson, Managing Editor

Stay ahead of the news ... Sign up for our email alerts now

 Do You Recommend This Story?

Return to Top
 News Archives
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Add to My Yahoo!
follow us in feedly

©All rights reserved to InvestmentWires, Inc. 1997-2018
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use