Never count this fund out. Morningstar's director of fixed-income research offers up his picks for the core of your portfolio, go-anywhere flexibility, short-term savings, inflation protection, and aggressive kickers.<br/><br/><b>[0:12:11]</b> ... Funds Mentioned in This Video :   Harbor Bond Instl HABDX   <b>PIMCO</b> <b>Total</b> <b>Return</b> <b>Instl</b> <b>PTTRX</b>   Metropolitan West Total Return Bond M MWTRX   Harbor Unconstrained Bond Inst HAUBX   PIMCO Unconstrained Bond Inst PFIUX   JPMorgan ... <br/> We don't like derivatives or leverage in our bond port. Can't do anything about the derivatives but we can mitigate the leverage. A simple bond port of 50% PGOPX + 50% PTTRX = -33% CASH Changing to 24% MMF + 38% PGOPX + 38% PTTRX = -1% CASH   An interesting WSJ article that argues why Bill Gross's smaller and more nimble upstart Total Return ETF (BOND) has outperformed his mutual fund (PTTRX). You may need a subscription to read this LINK : "How an Upstart Fund Beat Its Daddy." Hi all, Is VBILX  in the Vanguard Bond family close to PTTRX, your thoughts is appreciated . Regards George I noticed that PTTRX's category is intermediate bond while PONDX's category is multisector bond.  I reviewed their holdings and they appear to be nearly identical in weightings per sector so why are they described differently?  I just read Bill Gross of Pimco " Man in Mirror" monthly investment outlook. He could saved me a lot of reading by citing that old wall street adage "Don't mistake brains for a bull market" What I did find interesting in his discussion is how he has succeeded in beating other bond funds and bond ... For me there's something new to understand here. Why did Habdx lose much more than pptrx today?  I thought they were a lot alike. My question is why not pick one or two equity funds and one or two bond funds and be done with it.  Invest only in those two or four funds.  Or maybe pick two balanced funds instead.  Something like VWENX and PRWCX.  Just wondering if covering every box within Mstar is really important.  Foreign at ... I never invested in a floating bank loan fund (OEF) because I could find “better” funds, from safer funds(DBLTX,TGLMX,PTTRX,PIMIX) to several riskier multi sector(OSTIX,FSICX,PIMIX) bond funds but market conditions have changed. Why floating bank loan? From HERE and here A Hedge against Rising ...