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Bill Gross's Bond Fund Dips Under $1 Billion After Redemptions

  • Investors pull money in December for the 10th straight month
  • Assets decline to $950.4 million as fund lags most peers
Bill Gross.
Bill Gross.

Photographer: Patrick T. Fallon/Bloomberg

Updated on

Investors keep pulling money from Bill Gross’s bond fund.

The Janus Henderson Global Unconstrained Bond Fund suffered about $60 million of redemptions in December, according to Bloomberg estimates. The outflows lowered the fund’s assets to $950.4 million from February’s all-time high of $2.24 billion.