Bill Gross' Unconstrained Bond Fund Lagged Peers in Q4 on Plummeting Crude Prices (JNS)

Janus Capital's (NYSE: JNS) Bill Gross has seen his fund drop lower as crude prices remained pressured through Q414.

Bloomberg noted Monday that Gross' Janus Global Unconstrained Bond Fund fell 0.56 percent last quarter, inclusive of dividends, which compares with the 0.06 percent Libor return and a 1.32 percent gain for the PIMCO Total Return fund.

The Unconstrained Bond Fund had about 5 percent of net assets in U.S., Russian, and Brazilian energy company-issued debt. Those companies were hit as crude prices plunged 42 percent in the quarter.

The latest market data has the value of Gross' Unconstrained Bond Fund at around $1.46 billion.

You May Also Be Interested In

• Marathon Petroleum (MPC) Announces CEO Change
• US futures, Chinese inflation, Arm's AI division - what's moving markets
• Crescent Point Energy (CPG) Declares $0.115 Quarterly Dividend; 5.2% Yield