BOND is down 3.7% for the trailing month, while the Barclays Aggregate Bond Index is down 2.3%, according to Morningstar.
The ETF’s performance is inline with the benchmark year to date, with BOND down 2.5% versus a 2.3% decline for the index.
However, for the trailing 12 months, the ETF managed by Bill Gross remains comfortably ahead. BOND is up 2.9% while the Barclays Aggregate Index is down 0.5%, according to Morningstar data.
The chart below shows the relative performance of BOND versus iShares Core Total U.S. Bond Market ETF (NYSEArca: AGG), which tracks the Barclays Aggregate Bond Index.
