Bill Miller Joins Winners in Reversal of Fortune During Rally

  • Legg Mason fund was among the worst performers in past year
  • Loomis among funds boosted by rise in currencies, high yield

Bill Miller.

Photographer: Tim Boyle/Bloomberg

The Loomis Sayles & Co. flagship bond fund trailed 97 percent of rivals last year as its bets on bonds and currencies went awry. Now it’s beating 97 percent of the same peers in the past month.

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