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Pimco Total Return suffers 30th-straight month of investor outflows

Redemptions at the Pimco Total Return Fund reached 30 straight months in October as the former world's largest mutual fund fell to $93.7 billion in assets.

The Pimco Income Fund continues to head in the other direction, surpassing $50 billion in assets for the first time as group chief investment officer Daniel Ivascyn's pool has attracted $11.5 billion in net new cash this year, according to Newport Beach, Calif.-based Pacific Investment Management Co.

Redemptions at the Pimco Total Return Fund reached 30 straight months in October as the former world's largest mutual fund fell to $93.7 billion in assets.

The Pimco Income Fund continues to head in the other direction, surpassing $50 billion in assets for the first time as group chief investment officer Daniel Ivascyn's pool has attracted $11.5 billion in net new cash this year, according to Newport Beach, Calif.-based Pacific Investment Management Co.

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