Total Return Bond Funds & Portfolios
We have featured and monitored our total return bond fund portfolios for about 10 years now. These portfolios are listed on our Fixed Income page. In light of the recent volatile events in financial markets, it’s a good time to review the latest performance of the candidate funds and the portfolios.
Total return bond mutual funds
Our fixed income portfolios are based on the momentum fund selection strategy utilized in MyPlanIQ portfolios. Every month, the strategy chooses a fund with the highest momentum score among a list of candidate funds. In the event that all of the candidate funds have negative momentum scores, cash or money market fund is chosen. The candidate funds are total return bond funds (and some intermediate term corporate bond funds) whose managers have been named at least once as Fixed Income Manager of The Year by Morningstar. These funds should be no-load (or load waived), no transaction fee in a brokerage. For example, the following are the candidate funds for Schwab Total Return Bond:
|PBDAX||PIMCO Investment Grade Corp Bd A|
|PDBZX||Prudential Total Return Bond Z|
|PONAX||PIMCO Income A|
|DLTNX||DoubleLine Total Return Bond N|
|WABRX||Western Asset Core Bond R|
|TGMNX||TCW Total Return Bond N|
|PTTAX||PIMCO Total Return A|
|MWTRX||Metropolitan West Total Return Bond M|
|LSBRX||Loomis Sayles Bond Retail|
All of them are available in Schwab as no load and no transaction fee. In general, these funds are retail class shares so that they have a ver low minimum (such as $1000 to $3000). Furthermore, our strategy automatically enforces the minimum holding period and round trip limit restriction imposed by a brokerage. Most funds do have three month minimum holding period requirement.
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