Published October 21, 2014 5:43pm EDT | Updated January 8, 2015 2:39pm EST

Ford Drops Pimco Total Return Fund As 401(k) Plan Option

Ford Motor Co. will remove Pimco Total Return Fund as an option on its 401(k) plan following the departure of high-profile bond investor Bill Gross, according to news reports. Gross had managed the Total Return Fund prior to his departure in September, which prompted a serious of outflows from the $202 billion mutual fund.