Investors pulled $9.5 billion from Pacific Investment Management Co’s flagship Total Return fund in November, a sharp drop from the previous two record-setting months of outflows, according to the company.

Assets in the Total Return fund sank to $162.8 billion from $170.9 billion at the end of October, as some investors worried about the state of the Newport Beach, California-based money manager following the abrupt departure of co-founder and chief investment officer Bill Gross September 26.