Just the teensiest little bit negative:
Bill Gross, long a rock star in the fixed income universe, has been a laggard this year as his bearish view on Treasurys has been confounded by their bull run during the past few months. ...
Over the past three months, the fund just broke even, with a return of negative 0.04%, compared to a return of 2.7% from the benchmark Barclays Capital Aggregate Bond Index, according to data from Morningstar Inc.
He looks better further out the curve though, averaging 7.5% over the past 15 years.