August 19, 2019: PIMCO Income Fund and Other Total Return Bond Funds Update
by MyPlanIQ | Aug 20, 2019 | Asset-Allocation, Bonds, Economy, Feature, Gold, Headline, Income, Inv, Investments, IRA, Markets, Mutual-Funds, newsletter, Portfolios, Retirement
Re-balance Cycle Reminder All MyPlanIQ’s newsletters are archived here.
For regular SAA and TAA portfolios, the next re-balance will be on Monday, September 9, 2019. You can also find the re-balance calendar for 2019 on ‘Dashboard‘ page once you log in.
As a reminder to expert users: advanced portfolios are still re-balanced based on their original re-balance schedules and they are not the same as those used in Strategic and Tactical Asset Allocation (SAA and TAA) portfolios of a plan.
Please note that we now list the next re-balance date on every portfolio page.
PIMCO Income Fund and Other Total Return Bond Funds Update
PIMCO income fund (PONAX) has been one of the best star players among the total return bond funds used for our total return bond portfolios (see What We Do->Brokerage Investors page) for the past 10 years. Unfortunately, it has underperformed badly this year. In this newsletter, we look at the latest performance of these funds and discuss performance issues.
Latest total return bond fund performance
First, let’s look at the following table for the latest returns:
Return Comparison (as of 8/16/2019):
Ten year returns: