UPDATE 1-Pimco Total Return bond fund beats 76 pct of peers in August-Morningstar
August 29, 2014 at 12:03 PM EDT
NEW YORK, Aug 29 (Reuters) - Bill Gross's Pimco Total Return Fund, the world's largest bond fund, rose about 1.1 percent in August to beat 76 percent of its peers, preliminary Morningstar data showed on Friday.