Pacific Investment Management Company (Pimco) disclosed on Jan. 2 that there was a sharp drop in outflows from its Total Return fund for the month of December, according to a Jan. 5 news report by The Australian.

Last month clients pulled $19.4 billion from Pimco’s Total Return fund, more than double the $9.5 billion that was yanked in November. According to the The Australian, the December pullback suggests the Pimco isn’t yet clear of the investor flight triggered by months of internal strife and the departure of its co-founder  Bill Gross at the end of September. Pimco, a unit of German insurer Allianz, also lost its chief executive officer Mohamed El-Erian last year after clashes with Gross.

Outflows from the Total Return fund are expected to vary from month to month, but in early December one of three new Total Return managers, Scott Mather, said the firm had moved past the knee-jerk reaction in terms of flows that you would expect to happen. A Pimco spokesman told The Australian that the pace of withdrawals during December was significantly below the peak in September and early October. Gross left Pimco on Sept. 26. “I think they’ve weathered the worst of the storm,” said Jeff Tjornehoj, head of Americas research at fund tracker Lipper. “But now it’s just a matter of convincing more people to get into the fund than leave.”

Traders and portfolio managers say Pimco is a calmer place to work now that Gross is gone. Pimco also has made a series of aggressive moves internally to handle the outflows, including taking positions against rival managers to boost returns, The Wall Street Journal reported recently.