Bill Gross Abandons Pimco Funds. Should You?

The bond king’s abrupt move to Janus raises more doubts about Pimco’s portfolios

By now, you’ve digested the news that bond guru Bill Gross has left Pimco, the firm he co-founded 43 years ago, to join Janus Capital Group (JNS). But what does Gross’s departure mean for the money you have in Pimco funds? Should you stay or go?

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Nellie S. Huang
Senior Associate Editor, Kiplinger's Personal Finance

Nellie joined Kiplinger in August 2011 after a seven-year stint in Hong Kong. There, she worked for the Wall Street Journal Asia, where as lifestyle editor, she launched and edited Scene Asia, an online guide to food, wine, entertainment and the arts in Asia. Prior to that, she was an editor at Weekend Journal, the Friday lifestyle section of the Wall Street Journal Asia. Kiplinger isn't Nellie's first foray into personal finance: She has also worked at SmartMoney (rising from fact-checker to senior writer), and she was a senior editor at Money.