What do all of you think of Double Line versus Pimco total return. Are the risks similar and what makes them different?
FWIW....I get one in every now and then
Thanks, I needed a good laugh after the kind of day I had
no such symbol fwiw
Thank you, I will do some research on them.
They're somewhat similar, although DBLTX is very heavily invested into MBS (mortgage backed securities)which doesn't leave alot of protection room if things change. PTTRX also has a large part of MBS in their portfolio although not nearly as heavily weighted. DBLTX has a higher yield than PTTRX,but PTTRX has had a better return so far this year.
Most new funds have their largest gains in return during their first couple of years, and DBLTX may be past that treshold at this time. I feel they're to heavily invested in the MBS. PTTRX seems to be safer.
http://quote.morningstar.com/fund/f.aspx?t=DBLTX
Looks like I might have messed up in that I got out at $11.01 and rolled my 401k into an IRA which is sitting in MMA doing nothing. Does anyone except UncleTizz have any suggestions on where to go right now for investments?
We all can remember the disaster of MBS in the recent past. Thanks for the input.