I recently added TGBAX to my 401k. I have not been very big on bond funds because of their normal lack of return. What I like about this bond funs should be clear, look at the yields on some of this funds top holdings. Add to that the fact that lots of bonds have had to up their yields in these economic times, and you can guess what the more risky ones would look like.
This fund is 5-star rated by Morningstar and gets a 94 rating from maxfunds. The dividend yield is at 7.5%. Its worst 1-yr return was -4.7% in 1997. I call that a winner.
+16.46% YTD
+22.78% 1yr
+12.39% Annualized 3yr
+10.12% Annualized 5yr
19% Cash
79% Bonds
Bond Holdings:
7.32% Korea(Republic Of) 4.75%
4.50% Russian Fedn 2.25%
3.37% Sweden (Kingdom Of) 5.25%
3.31% France(Govt Of) 4%
2.59% MEXICO(UTD MEX ST)
2.36% Mexico(Utd Mex St) 10%
2.07% KINGDOM OF THE NETHERLANDS
1.87% Republic Of Poland
1.74% Korea(Republic Of) 5.5%
1.70% New Sth Wales Tsy 5.5%
Thursday, November 5, 2009
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