Janus Global Unconstrained Bond I
While referring to presidential candidate Donald Trump, Jeffrey Gundlach commented that “Trump is the unconstrained bond fund of the political arena.”
Legendary bond investor Bill Gross left Pacific Investment Management Co. (or PIMCO) in September, causing investors to exit en masse from PIMCO-sponsored funds. Total outflows for all of PIMCO’s funds were estimated at $23.5 billion in September.
Investor interest in these funds is strong. Unconstrained bond funds offer options for managing fixed income risks, without being shackled by index constraints.