Bill Gross' Janus Global Unconstrained Bond Fund Hit on Monday's Selloff (JNS)

As markets tumbled on Monday, even veteran investors weren't immune.

According to Morningstar, the net asset value of Bill Gross' Janus Global Unconstrained Bond fund fell 2.87 percent on Monday. The drop was as sharp as many have seen in a bond fund.

Morningstar also noted that Blackrock's Strategic Income Opportunities fund fell just 0.2 percent on yesterday's session.

Gross' unconstrained fun employs a strategy which allows it to invest in a variety of securities, unlike a typical bond fund.

You May Also Be Interested In

• Morningstar (MORN) Reports Q1 EPS of $1.73