Previously, Mr. Gundlach managed bond funds at Los Angeles money manager TCW Group Inc.
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Actively managed bond ETFs last year outshone actively managed stock ETFs in attracting new assets.
The average expense ratio for an actively managed bond fund is 0.75 percent, according to Morningstar.
Next came the news that Grail Advisors is introducing an actively managed bond ETF run by DoubleLine Capital.
On average, about 70 percent of all actively-managed bond funds underperformed their benchmarks over the five-year period ending in 2012.
Other than parking cash for a few years in short-term bond index funds to beat money markets, lazier investors might do better with actively managed broad-spectrum bond funds.
Not only was the 6.75% bond offering managed by ABN Amro Bank N.
Stephen Leeb , editor of Personal Finance, recommends taking a chance on junk bonds via a well-managed fund like the PIMCO High Yield Bond Fund ( PHDAX) .
Some experts also argue that, in the current low-yield environment, an actively managed approach makes more sense than indexing for bond funds.
On the former, once the bond market turns and austerity is the last option, managed decline is the result.
And in the process, he managed to rehash the controversial role of Meredith Whitney in the municipal bond market so central to U.S. cities.
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If a counterfeiter managed to get a hold of a valid ID number, Pfizer's Bond notes, they would still be unlikely to match it with the correct expiration date.
So we have stock long-short, commodity long-short, managed futures, currency long-short, real estate hedge, and a global bond hedge.
The PIMCO Total Return Exchange-Traded Fund (BOND) is a diversified portfolio of high quality bonds that is actively managed in an effort to maximize return in a risk-controlled framework.
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The left-hander managed two breaks of 70 and one of 80 to lead 5-1 before Bond, finalist here back in 1995, reduced the gap in style with a 125 total clearance.
With bond funds, the link was so weak that the relatively high expenses charged by actively managed funds overwhelmed the value of their modest outperformance.
In a recent article titled Index Fund Portfolio Reign Superior, I created 10, 000 portfolios using actively-managed U.S. large cap funds, international large cap funds, and intermediate-term municipal bond funds.
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