- Another $9.5B was pulled from Pimco's (OTCPK:AZSEY) Total Return Fund (MUTF:PTTAX) in November, a marked slowdown from the combined $51B pulled in the (mostly the last couple of days) of September and all of October. Assets under management at what used to be the world's largest mutual fund have shrunk to $162.8B from a peak of $293B in April 2013.
- “We’re talking about investments again, investment themes, the future and what opportunities look like,” said fund co-manager Scott Mather of recent client meeting. “We’re back to talking about that in almost every meeting, very little in terms of questioning events of a couple months ago.”
- As for performance, the fund returned 0.82% in November, beating 99% of peers. The year-to-date return of 5% puts it ahead of 55% of comparable funds.