PIMCO's Total Return Fund Getting Crushed on Bond Selloff

Bill Gross' PIMCO Total Return Fund is getting hammered in the midst of investors fleeing Treasury bonds.

For the 30-day period ending December 8 the $250 billion fund lost 3 percent.

Starting on December 1 through the 8th, the fund has plummeted 1.2 percent.

For the month of November, the fund lost $5.75 billion, a drop of 1.4 percent.

The fund had bee providing a return of just over 8 percent annually over the last five years through December 8, besting the fast majority of its competitors.