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Gundlach Dips Toe Into uber Indexing

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  • edited August 2013
    Too damned fancy for me. It looks to me like uncle Jeffrey is doing what all the others do: come up with an uber-specialized thing that seems novel and new and promising, in light of the fact that the Market is going nowhere fast--- since the 20% rise over the past several months. Anything to get folks to commit their money to him. TRP opened up the EM bond fund in local currencies---at just the WRONG time. I wasn't surprised. I guess they're all looking for "dumb money." ... I'm continuing to hold Gundlach's DLFNX, just cuz apart from it, I hold no US bonds whatsover, except for what MAPOX is carrying. It's a balanced fund. And the DLFNX stake is less than 3% of my total. Still reinvesting EVERYTHING.
  • Registration filing link:

    http://www.sec.gov/Archives/edgar/data/1480207/000119312513336523/d585229d485apos.htm

    No expense information listed as of yesterday's filing.
  • The article gave it away. Gundlach fund similar to PIMCO fund. PIMCO fund number one. So Gundlach fund will not need much marketing.
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