The recent slip in performance of PIMCO's Total Return mutualfund and ETF is no reason for investors to sell shares, as the funds have strong track records, say Morningstar's Tim Strauts and Eric Jacobson.
Many managers are of the mind that rates have gone about as far as they're going to go for a while, so investors probably don't want to exit the bondmarket while their funds are down, reports Morningstar's Eric Jacobson. Plus, get an update on fund category performance in the second quarter as well as updates on fund leaders and laggards, including PIMCO Total Return.
ETF and open - end asset flows combined show a strong preference forbonds , emerging markets, and passive funds, while active U.S. stockfund managers and money market funds have suffered the brunt of outflows.
In this 60-minute roundtable report, Morningstar's Russ Kinnel, Ben Johnson, John Rekenthaler, and ChristineBenz dissect indexing's popularity, index versus active fund performance, and how investors can effectively blend the best of both in a portfolio.