Pimco Total Return Fund rises 0.9 pct in October - Morningstar


NEW YORK, Nov 1 (Reuters) - The Pimco Total Return Fund, theworld's largest mutual fund and which is run by Bill Gross, rose0.93 percent in October, beating 50 percent of peers,preliminary data from Morningstar showed on Friday.

The Pimco Total Return Exchange-Traded Fund,meanwhile, which is designed to mimic the strategy of the$250-billion mutual fund, rose 0.85 percent last month. Thatperformance was above 77 percent of peers, the Morningstar datashowed.

Jeffrey Gundlach's DoubleLine Total Return Bond Fund, the flagship fund of the Los Angeles-based DoubleLineCapital, rose 0.64 percent for the month, beating 14 percent ofpeers, the data showed.

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