As investors ran from stock funds and sought the safety of bond funds this year, PIMCO’s Total Return fund ballooned to $199 billion in assets, and should its heady inflows continue at this pace, the fund will soon top the $202.3 billion record sister fund Growth Fund of America set in 2007, Bloomberg reports.

Part of the reason for investors’ overwhelming choice of this fund, run by Bill Gross, is its remarkable 4.8% return last year, compared with the 37% plummet in the Standard & Poor’s 500 Index, not to mention that every fund sector and virtually every stock fund was in the red. Since its inception in 1987, Total Return has delivered an average annual return of 8.5%.

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