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1. One can have a good feeling about the fundamentals for an asset class, but whenever someone says that something is a "slam dunk", that's a tad bit of a warning sign.
2. Is there a fundamental story/theme here, or are you just looking for high yield? What are your thoughts on the fixed income classes represented? I'm not asking this in a negative way; I'm just curious as to what your thoughts are on the underlying asset class or if this is purely yield-related.
3. Not so much DBLTX, but the other two funds are significantly risky and have run quite a bit. Not sure what upside is left for these fixed income classes.
3a. I believe you have posted essentially the same/similar thread previously.
Maurice - You're right. Scott - I'm using DBLTX as my "core" bond holding. AGDYX and MWHYX are supporting bond funds. They may have indeed run quite a bit, but I am hoping all three provide a steady income stream for my retirement soon. There's always a risk in holding these high yield, high risk bond funds, but I am willing to take the plunge.
Gundlach is certainly a good choice, and I think as well as Gross does trying to steer Total Return, Gundlach's skill and smaller fund may make him more nimble over time (very different funds, but both very skilled fixed income managers.) The Closed-End fund GOF (Guggenheim Strategic Opportunities) is an "alternative" high yielding fixed income option (which does have some equity exposure) that I find interesting, but it continually trades at a high premium.
Comments
1. One can have a good feeling about the fundamentals for an asset class, but whenever someone says that something is a "slam dunk", that's a tad bit of a warning sign.
2. Is there a fundamental story/theme here, or are you just looking for high yield? What are your thoughts on the fixed income classes represented? I'm not asking this in a negative way; I'm just curious as to what your thoughts are on the underlying asset class or if this is purely yield-related.
3. Not so much DBLTX, but the other two funds are significantly risky and have run quite a bit. Not sure what upside is left for these fixed income classes.
3a. I believe you have posted essentially the same/similar thread previously.
Scott - I'm using DBLTX as my "core" bond holding. AGDYX and MWHYX are supporting bond funds. They may have indeed run quite a bit, but I am hoping all three provide a steady income stream for my retirement soon. There's always a risk in holding these high yield, high risk bond funds, but I am willing to take the plunge.