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Sizing up Pimco, after Bill Gross

Published Tue, Oct 14, 2014 · 09:50 PM

New York

EVENTS at Pimco this year have resembled a soap opera, but at this point, the spectacle is creating a real-life headache for retirement savers.

The Pimco Total Return bond fund, managed by William H Gross from its inception in 1987 through his abrupt resignation last month, is the most popular bond fund offered in 401(k) accounts, according to BrightScope, a retirement plan rating firm.

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