Tag: Eaton Vance Bond Fund

MUTUAL FUND SHAKEUPS! Transcript 11/15/2013 #1021

November 20, 2013

CONSUELO MACK:  This week on WealthTrack: Big shakeups in the mutual fund industry. Two veteran Morningstar analysts Christine Benz and Russ Kinnel discuss the massive outflows from bond funds into other investments and from actively managed funds into passive ones. What do these shifts mean for portfolio returns? Morningstar’s dynamic duo is next on Consuelo Mack WealthTrack.


Hello and welcome to this edition of WealthTrack, I’m Consuelo Mack.  There are mighty forces shaking up the mutual fund industry. The question is: are they temporary or are they revolutionary and depending on the answer how are they transforming the way we invest? No headline captured the changes more perfectly than the recent dethroning of PIMCO’s Total Return Fund as the world’s largest mutual fund, a position it has held since 2008, and its replacement by the Vanguard Total Stock Market Index Fund. Bond king Bill Gross, has become an investment legend largely because of his outstanding management of PIMCO’s flagship Total Return Fund which has beaten most of its bond competition over the years and has even delivered stock market like returns in various periods. The ascendance of Vanguard’s Total Stock Market Index Fund to the largest-fund throne symbolizes a new world order on two fronts.

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BOND BETS Transcript 9/20/2013 #1013

September 27, 2013

CONSUELO MACK: This week on WealthTrack- with investors cascading out of bonds, is this the right time to launch a new bond fund?  Top rated manager Kathleen Gaffney guides investors to income sources in her new Eaton Vance Bond Fund. Keeping your bond portfolio afloat is next on Consuelo Mack WealthTrack.

Hello and welcome to this edition of WealthTrack, I’m Consuelo Mack. This has not been a fun time to be a bond investor or a fixed income manager. Investors have been freaking out ever since May when Federal Reserve Chief Ben Bernanke suggested the Fed might start reducing, or tapering its massive $85 billion worth of monthly bond  purchases. It hasn’t done so yet but even a hint of diminished government support for the treasury and mortgage bond markets have sent interest rates higher and bond prices lower.

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