Janus Global Unconstrained Bond Fund Manager Bill Gross saw $74 million in outflows from the fund during November.

(Bloomberg) -- Investors resumed redemptions from Bill Gross's Janus Global Unconstrained Bond Fund in November, taking out about $74 million, the largest monthly outflow since the erstwhile bond king took over the fund last year.

Total assets under management fell to $1.32 billion as of Nov. 30 from $1.39 billion a month earlier, according to data compiled by Bloomberg. The fund, which Gross began managing after he left Pacific Management Investment Co. in September 2014, has lost 1.8% so far this year, beating 56% of peers.

The November withdrawals came the same month it was disclosed that one of Gross's biggest individual backers, billionaire George Soros's investment firm, pulled $490 million from a separately managed account that followed the same strategy as the Janus unconstrained mutual fund.

The Janus Unconstrained fund had net inflows of about $6 million in October.

Bloomberg estimated investor redemptions for the Janus fund by computing the change in assets over the month that isn't accounted for by performance. The number may vary from actual figures and from estimates compiled by other data providers.

Janus spokeswoman Erin Passan declined to comment on the outflows.

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