|Bid||106.87 x 200|
|Ask||107.11 x 200|
|Day's Range||106.82 - 106.87|
|52 Week Range||102.11 - 107.99|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.55%|
Greenspan cites rapid inflation growth as the reason for a bond market collapse. But the markets and Fed officials think otherwise.
The debate has spawned side arguments, such as whether some passive funds are really active management in disguise, or whether the debate should be reframed along the lines of high-cost versus low-cost funds. For an optimal portfolio, think in terms of active and passive. A bundle of new research points to useful strategies for using active or passive funds. The firm, long known for its index products, has $2.9 trillion in index funds, including $757 billion in exchange-traded-fund assets.
Unlike active stock pickers, the best managers from the likes of PIMCO, DoubleLine, Guggenheim and Loomis Sayles have proven track records of adding value for their investors versus a passive benchmark. Look back through my blog and you will see numerous references to some of my favorite funds like the DoubleLine Total Return Bond Fund (MUTF:DBLTX) or the PIMCO Income Fund (MUTF:PONDX). More recently, we have focused on their complimentary exchange-traded fund portfolios via the PIMCO Active Bond ETF (NYSEARCA:BOND) and the SPDR DoubleLine Total Return Tactical ETF (NYSEARCA:TOTL).