Fixed Income

The Big Bet on Rising Rates

Wed, 03 Apr 2013 14:00:00 +0000

Some managers are rolling out long/short bond funds meant to hedge against rising interest rates. But the success of their strategy rests on a market call, and no one can predict when rates will rise.

Some managers are rolling out long/short bond funds meant to hedge against rising interest rates. But the success of their strategy rests on correctly predicting when rates will rise.

Stock Symbols: THHY HYLS BGCAX PCARX HFINX JSOAX

The Passive Letdown

Tue, 26 Mar 2013 14:41:00 +0000

Investors have fallen in love with equity index funds, for their low cost and solid performance. But fixed income index funds are a different story.

Stock Symbols: VBTLX MFBFX PSK CPXAX HYG MYHAX FEHAX RPHYX

Predicting Dividend Changes

Wed, 13 Feb 2013 14:03:00 +0000

Closed-End Fund Advisors started tracking two new data points we thought would help us select and compare dividend risk for a closed-end fund. They are: Undistributed Net Investment Income Trend (UNII) and Earnings Trend. By taking the slope of the last three UNII and earnings figures for a fund, a trend is determined as “up”, “flat” or “down”

Morningstar: Be Prepared to Lose a Lot in Bonds

Thu, 10 Jan 2013 15:26:00 +0000

Stocks and bonds had a pretty good 2012, but expected bond returns are negative, according to Morningstar.

Yield of Dreams

Is It Time to Get Back Into Treasuries?

Wed, 12 Dec 2012 20:56:00 +0000

Over the last year, many have questioned whether we could be headed for a Treasury bubble, and since then, flows to Treasuries have tapered off. But could now be the time to get back in?

Yield of Dreams

The Real Causes of the Financial Crisis

Wed, 05 Dec 2012 16:52:00 +0000

What many fail to see—particularly Democrats who want to demonize Wall Street and bankers—is the government’s role in this financial debacle of 2008 and 2009.

Von Aldo

VIDEO: Jeffrey Gundlach, CEO, DoubleLine Capital Part 3

Tue, 27 Nov 2012 19:58:00 +0000

Jeffrey Gundlach on fixed-income investing in a low-interest rate world, the Federal Reserve’s seemingly endless program of quantitative easing, and opportunities in equities.

Open In New Window: No

VIDEO: Jeffrey Gundlach, CEO, DoubleLine Capital Part 2

Tue, 27 Nov 2012 19:53:00 +0000

Jeffrey Gundlach on fixed-income investing in a low-interest rate world, the Federal Reserve’s seemingly endless program of quantitative easing, and opportunities in equities.

Open In New Window: No

VIDEO: Jeffrey Gundlach, CEO, DoubleLine Capital Part 1

Tue, 27 Nov 2012 19:47:00 +0000

Jeffrey Gundlach on fixed-income investing in a low-interest rate world, the Federal Reserve’s seemingly endless program of quantitative easing, and opportunities in equities.

Open In New Window: No

On the Fiscal Cliff, Yawn.

Thu, 08 Nov 2012 22:06:00 +0000

This morning, alas only briefly, I attended Bloomberg's Portfolio Manager Mash Up held in a converted garage on West 34th Street, a part of Manhattan that is strangely still un-gentrified.

Von Aldo