Bill Gross Janus Fund Gets $66.4M Deposits in September

Bill Gross, known as the Bond King, left PIMCO on September 26th to join Janus Capital. In September, Janus's unconstrained bond fund, which Gross will manage, received $66.4 million in client deposits. This amount is small compared to the $220 billion PIMCO Total Return Fund he managed. As PIMCO's chief investment officer, Gross oversaw $1.9 trillion in assets. He announced his departure on September 26th but started at Janus on September 29th, beginning fund management the following Monday. Client deposits are gradually increasing, according to Morningstar.

What significant change did Bill Gross make on September 26th?

• He retired from the financial industry.

• He left PIMCO to join Janus Capital.

• He started a new fund at PIMCO.

• He became the CEO of Janus Capital.

What was the total amount of assets Bill Gross oversaw at PIMCO before his departure?

• $66.4 million

• $220 billion

• $500 billion

• $1.9 trillion

How much did the unconstrained bond fund at Janus Capital receive in client deposits in September?

• $66.4 million

• $1.9 trillion

• $220 billion

• $100 million

When did Bill Gross officially start working at Janus Capital?

• The first Monday of October

• September 26th

• September 29th

• October 1st

What is the current trend in client deposits for Bill Gross's new fund at Janus?

• Rapid increase

• Steady decline

• Trickling in slowly

• No change