Re-balance Cycle Reminder All MyPlanIQ’s newsletters are archived here.

Regular AAC (Asset Allocation Composite), SAA and TAA portfolios are always rebalanced on the first trading day of a month. the next re-balance will be on Monday May 3, 2021. 

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.

The Best Active Fixed Income Funds Are Still Hard To Beat

We are a firm believer on low cost equity (stock) index funds. We believe that in the long term, it’s extremely hard for an active equity (stock) fund to beat a well diversified low cost index fund such as those Vanguard index funds. However, we also stated numerous times that for fixed income (bond) investments, some of best active fixed income funds, especially those total return and/or intermediate term bond funds, are still better than index funds. 

In this newsletter, we take a look at PIMCO income fund (PONAX) and PIMCO investment grade bond fund PBDAX and compare them with some best index funds. 

PIMCO Income Fund

PIMCO income fund (PONAX) is one of three PIMCO funds in the candidate list for our total return bond fund portfolios (see What We Do > Income Investors Fixed Income Mutual Fund Portfolio section). Here is some description of the fund: 

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