It's official, 2013 was the worst year for the
Pimco Total Return Fund since 1994, reports the
Wall Street Journal. The $244 billion fund lost 1.92% in 2013 according to
Morningstar data. Since its inception in 1987, the experienced losses two other years: 0.28% in 1999 and 3.58% in 1994. 
Edited by:
Tommy Fernandez
Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE