Pimco Total Return Fund Loses Another $19.4 Billion

Forbes reports:

Investors pulled a net $19.4 billion out of the Pimco Total Return Fund in December, as it continues to experience significant outflows following Bill Gross’ departure.

The fund’s total assets now stand at $143.4 billion, down from a high of over $290 billion in 2013. This is the fourth straight month of losses. It shed $23.5 billion in September, $27.5 billion in October and $9.5 billion in November.

Some exodus from a big fund.