Bill Gross Is Doing So Well Right Now, He Wants To Jump Up And Down In Ecstasy

Bill Gross

Photo: Bloomberg TV

The last few quarters have not been kind to bond King, Bill Gross and his fund PIMCO.For example, the PIMCO Total Return Fund, the largest bond fund in the world, was up 3.48% in November of 2011. That sounds OK, until you think about the fact that other funds were up an average of 5.48%.

But it looks like 2012 is the year for the King is getting back in the swing of things. WSJ reports that up to March, PIMCO has seen a 2.88% return. To put that in perspective, PIMCO beat the Barclays Capital Aggregate Bond Index by 2.58 percentage points and now sits in the top 11% of all bond mutual funds.

From the WSJ:

“It is a quarter beyond expectations,” said Mr. Gross, Pimco founder and co-chief investment officer. “If we could do it for three more quarters, I would jump up and down in ecstasy.”

We’d definitely like to see the normally super composed Gross jump up and down.

Click here to learn more about the quirks that make Gross so special>

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