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Re: Pimco Total Return Fund Had Withdrawals of $19.4 Billion in December, the 20th Straight Month of Redemptions 

By: oldCADuser in FFFT3 | Recommend this post (3)
Sat, 03 Jan 15 10:25 PM | 59 view(s)
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Msg. 07096 of 65535
(This msg. is a reply to 07094 by joe-taylor)

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Also PIMCO has had some management problems recently and many of their investors have lost confidence in the people who are currently running the fund and making investment decisions. It was in all the news a few months ago.

http://www.wsj.com/articles/bill-gross-leaves-pimco-for-janus-1411736217




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The above is a reply to the following message:
Re: Pimco Total Return Fund Had Withdrawals of $19.4 Billion in December, the 20th Straight Month of Redemptions
By: joe-taylor
in FFFT3
Sat, 03 Jan 15 9:59 PM
Msg. 07094 of 65535

If you had a brain you might be dangerous, but, we doubt it.

PIMCO Total Return is a BOND fund and withdrawals are probably going on as investors plow their money into the stock market.


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