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New TRP bond fund: PTTFX

edited March 2017 in Fund Discussions
Very new, from 11/15/2016. Yield, 2.53%. Monthly div. .023 cents.
I compared it quickly to MWTRX and DBLTX. Those other two have a history. Rated highly by Morningstar. Anyhow, the yield on the MetWest fund and its dividend are paltry. I see that the actual NAME of the fund does not jive with where M* puts it--- into the Interm. Bond category. Hmmmmm.

DBLTX has a respectable yield: 3.61%. And its monthly div is .0314 cents.
So, what do we think about PTTFX? In fact, like MWTRX, M* puts PTTFX into the Interm. Bond grouping. I love it when this crap happens... Final check: ALL THREE are categorized as Interm. Bond funds by M*. I thought "Total Return" actually MEANT something. Growl.

Comments

  • @Crash: Does that mean "a rose by any other name would smell as sweet."
    Regards,
    Ted
  • @Crash

    You and I, or anyone here could build a fund named "Eight Ball Total Return Fund" (BALLX).
    ---25%, U.S. equity
    ---25%, International, ex-US, equity
    ---25% investment grade bonds
    ---25% high yield bonds

    Our motto: We'll do our best to provide the highest possible "Total Return" while attempting the preservation of capital

  • ;) yooz guys...
  • @Crash
    Whoa, reads like you're speak'in that, west end of the state of Pennsylvania, slang.

    K. Gotta get my head to a pillow.
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