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Three New Nontraditional Bond Funds Hit The Market.
More unconstrained bond funds in the marketplace. Some of the ERs are ridiculous for a bond fund or any fund for that matter. Counterpoint is a new outfit.
Also ANFLX Angel Oak Flexible Income Fund Overview KEY NUMBERS
Dividend Frequency: Monthly Inception: 11/3/14 A DYNAMIC, FLEXIBLE APPROACH DESIGNED TO GENERATE YIELD
Key features of the Fund’s investment strategy include:
Flexibility to shift among a broad range of fixed income sectors High income potential in all markets Designed to deliver the potential for superior risk-adjusted total returns Focused on dynamic asset allocation that is uncorrelated to traditional fixed income http://angeloakcapital.com/anflx/
The managers of CRUMX did a decent job running FLSIX 2007-2013, and have really capitalized by being overweight with munis. Here are two helpful articles:
@kevindow Well, for those who aren't sure what "unconstrained" means, or could mean, I think a glance at CRUMX is certainly a good place to start getting "a little clarity" on that. @TSP_Transfer re. ANFLX: a good one to wait and watch and see what happens. And Angel Oak Investments, from an business standpoint, has really continued to fill in some of the gaps in its operations re. oversight that initially left a lot to be desired IMO (e.g. a very impressive BofDs... if they'll do the lifting).
Comments
Angel Oak Flexible Income Fund
Overview
KEY NUMBERS
Dividend Frequency: Monthly
Inception: 11/3/14
A DYNAMIC, FLEXIBLE APPROACH DESIGNED TO GENERATE YIELD
Key features of the Fund’s investment strategy include:
Flexibility to shift among a broad range of fixed income sectors
High income potential in all markets
Designed to deliver the potential for superior risk-adjusted total returns
Focused on dynamic asset allocation that is uncorrelated to traditional fixed income
http://angeloakcapital.com/anflx/
Kevin
The managers of CRUMX did a decent job running FLSIX 2007-2013, and have really capitalized by being overweight with munis. Here are two helpful articles:
http://dailyalts.com/top-nontraditional-bond-fund-celebrates-first-anniversary/
http://online.barrons.com/articles/SB50001424053111903835404577348180818113536
Kevin
@TSP_Transfer re. ANFLX: a good one to wait and watch and see what happens. And Angel Oak Investments, from an business standpoint, has really continued to fill in some of the gaps in its operations re. oversight that initially left a lot to be desired IMO (e.g. a very impressive BofDs... if they'll do the lifting).