Great rotation: Gross and Gundlach see outflows

|By:, SA News Editor

The great rotation out of fixed income continues with Bill Gross' Total Return Fund (ETF version is BOND) seeing net outflows for the 7th consecutive month in November, losing $3.7B to bring AUM to $244B. Jeff Gundlach's DoubleLIne Total Return Fund lost $811M last month, bringing assets down $3.9B YTD to $33B.

Broad fixed-income ETFs: AGG, BOND, BND, BSV, BIV, BLV, SCHZ, LAG, SAGG, ILTB, ISTB, GBF, GVI, FWDB, MINC, GIY