BOND lost about 2.2% in June, according to the report.
The fund saw net outflows of about $555 million last month, according to IndexUniverse data. BOND is the largest actively managed ETFs with assets of $4.3 billion.
During the first half of the year, PIMCO Total Return Fund has been hurt by bets on Treasury Inflation Protected Securities, Bloomberg reports. [Rising Rates and Low Inflation a Toxic Mix For TIPS ETFs]
The chart below shows the relative performance of BOND versus iShares Core Total U.S. Bond Market ETF (AGG), which tracks the Barclays Aggregate Bond Index.
