A few managers have outperformed Pimco's Bill Gross; Several have higher 10-year returns, Morningstar says.(News)

Investment News, August, 2006

Byline: Kathie O'Donnell

While Bill Gross has helped make the Pimco Total Return Fund the world's biggest bond fund, rival offerings run by portfolio managers who aren't household names have even better returns over the past decade, according to Morningstar Inc.

The Calvert Income Fund, offered by Bethesda, Md.-based Calvert Group Ltd., averaged an 8.16% annual return for the 10-year period ended July 31, while the Managers Bond Fund, from Managers Investment Group LLC of Norwalk, Conn., has averaged a 7.62% return, and the Dreyfus Intermediate Term Income Fund, from New York-based Dreyfus Corp., has averaged a 7.41% return, according to Chicago-based Morningstar.

Pimco Total Return's institutional share class - its Class A shares...

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