Bill Gross’s Pimco Total Return Fund[see profile] and a few other actively managed bond offerings are taking it on the chin this year while a low-cost Vanguard index fund is leaving the rest of the field in the dust, Bloomberg reports.

Specifically, Gross’ fund reportedly returned 1.5 percent this year through Oct. 4, compared with 8.9 percent for the $10.4 billion Vanguard Intermediate Term Bond Fund[see profile], which outperformed 99 percent of intermediate bond funds tracked by Chicago-based Morningstar Inc. The Vanguard fund has also topped managers including Loomis Sayles & Co.’s Dan Fuss and TCW Group Inc.’s[see profile] Tad Rivelle. The $9.7 billion Natixis Loomis Sayles Investment Grade Bond Fund, co-managed by Fuss, returned 2.6 percent this year through Oct. 4, according to Bloomberg. The $15.8 billion Metropolitan West Total Return Bond Fund, co-managed by Rivelle, gained 4.1 percent. 

Edited by: Hung Tran


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