The Pimco Income Fund, widely seen by investors and analysts as Pimco's new flagship fund, posted $1.6 billion of inflows, resulting in assets under management of $73 billion, Morningstar said. Pimco Income, which is overseen by Group Chief Investment Officer Dan Ivascyn, has been popular as an income-oriented alternative in the continuing low-yielding environment, while Pimco Total Return, once the world's largest bond fund at a peak of $292.9 billion in assets, has had mixed results.