UPDATE: DL'S TOTAL RETURN BOND FUND YIELDS 4.25% TAX FREE W/4.1 CENT MONTHLY DIVIDEND ...
This is one tough as nails bond fund folks. i would slowly trickle w/laddering funds into this bond fund and then enjoy a 50 x bank rate return as it performs like the rock star who runs this fine tuned bond buying and hedging machine!!!
Unlike a bank your paying .74% on your ENTIRE holding (Including your principal), ANNUALLY. Not just the earrings. Once you factor in your fee to support a billionaire's penchant for gold platted toilet seats, your return gets a lot less attractive. Oh yeah, and while you take 100% of the risk, you have to pay him whether you win or lose.
Pay who? This is an investment. Investments fluctuate. Unfortunately most people can't stomach a 20 to 40 cent fluctuation in their investment. DLTNX is no different. If you can't stomach risk and fluctuation, may I recommend that you drive down to your local Bank of America and deposit your money in a savings or checking account, yielding you 0.0023%.