$70.7 billion has flowed out of bond mutual funds so far this year. Unless investors pile back in this month, 2013 will earn the title of "worst bond fund outflows ever," surpassing the $62.5 billion that flowed out back in 1994.

Bloomberg and other news outlets picked up on that tidbit from new data released yesterday by TrimTabs Investment Research.

Half of those outflows, $36.9 billion as of November 30 according to Morningstar, came just from Bill Gross' giant Pimco Total Return Fund [profile], the largest mutual fund of the world until October.

The pain hasn't been evenly distributed. Through October, according to Morningstar, $63.4 billion flowed out of intermediate-term bond funds (like Pimco Total Return) and $43.9 billion flowed out of muni bond funds. On the flipside, $48 billion flowed into unconstrained, non-traditional bond funds, and $47.7 billion flowed into bank loan funds. 

Edited by: Neil Anderson, Managing Editor


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