Pimco's Total Return Fund, managed by Bill Gross, looks to suffer its first ever net client...

|By:, SA News Editor

Pimco's Total Return Fund, managed by Bill Gross, looks to suffer its first ever net client redemptions this year as investors have pulled between $2.3B and $3.6B through November. It's barely a dent in the $241B fund, but a big change from gains of $26B in 2010 and $51B in 2009. Gross' bearish bet on Treasurys contributed to the fund's trailing about 90% of its peers thus far this year.