Pimco Return Had 27.5B Net Redemptions in October

The transcript discusses the significant financial outflows from PIMCO's total return fund in October following Bill Gross's resignation. Nearly $30 billion, or 15% of the fund's assets, were withdrawn. PIMCO noted a slowdown in redemptions towards the end of the month and hopes this trend continues to avoid depleting funds within seven months. Bill Gross has since established a new office nearby.

What was the total amount of outflows from PIMCO's total return fund in October?

• $15 billion

• $27.5 billion

• $30 billion

• $170 billion

What percentage of PIMCO's total assets were withdrawn by the end of October?

• 10%

• 15%

• 25%

• 20%

Where did Bill Gross establish his new office after leaving PIMCO?

• In the same building

• In a different city

• In another country

• Just down the street

What trend did PIMCO observe in redemptions towards the end of October?

• A slowing of redemptions

• A complete stop in redemptions

• A stabilization of redemptions

• An increase in redemptions

What is PIMCO's concern if the pace of redemptions does not stabilize?

• They will have to increase fees

• They will have to close the fund

• They will be out of money in 7 months

• They will need to hire more staff