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

NEW YORK – 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.