Pimco Unconstrained Bond Fund posts $660 mln in outflows for March
NEW YORK, April 7 (Reuters) - The Pimco Unconstrained Bond Fund posted $660 million in net cash withdrawals for March, bringing its year-to-date outflows to $1.7 billion, according to Morningstar data on Tuesday.
The fund, which was run by Pimco co-founder Bill Gross from December 2013 until his stunning exit from the firm last September, had record outflows of roughly $16 billion in 2014, Morningstar data show.
At the end of March, the Pimco Unconstrained Bond Fund had assets under management of $9.76 billion, down from $11.47 billion at the end of 2014.
(Reporting by Jennifer Ablan; Editing by Leslie Adler)