The bond fund king, and more notably, the bond fund prince, are in trouble once again.

The Wall Street Journal's Min Zen writes that DoubleLine [profile] founder Jeffrey Gundlach saw his Total Return Bond Fund suffer outflows of $580 billion in July and his fund posted a net outflow of $1.3 billion this year through the end of last month.

And ah, how quickly the tides turn for Bill Gross, who was reportedly bouncing back from spring outflows just a few days ago, giving investors 0.47 percent in returns. Pimco [profile] Total Return Fund had $7.5 billion in net outflows in July, marking the third straight month of outflows, Zeng writes.

To read more, click here. 

Edited by: Casey Quinlan


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