FYI: (Click On Article Title At Top Of Google Search)
You heard it here first: Jeffrey Gundlach, CEO of DoubleLine Capital and one of the world’s most successful bond investors, predicted in January at the Barron’s Roundtable that Donald J. Trump would be the country’s next president, noting, “The populist momentum is unstoppable.”
Now that the New York businessman has shocked much of the world by vanquishing rival Hillary Clinton, Gundlach sees something else unstoppable: a rise in bond yields that could lift the yield on the 10-year Treasury note to 6% in the next four or five years.
Regards,
Ted
https://www.google.com/#q=Gundlach:+Bond+Yields+Could+Hit+6%+in+Five+Years+Barron's

RiverPark Funds
riverparkfunds.com/downloads/8401_Distribution%20Info_2016_Website_ESTIMATED%20(3).pdf
This has been updated from prior preliminary versions.

It was down 7.90% for Nov 10th, while the category average fund didn't fare that much better, off 5.85%. (Data from M*) Dropped from $18.74 to $17.26. On Veterans Day it dropped another 7.36% to $15.99. (Daily prices from Yahoo)
That 14.67% drop is the combined drop over two days. (From my handy dandy calculator)
To put this in perspective, there are just 19 funds in the M* category of equity precious metals. Several of these are purely gold funds. Obviously (from its name alone), OPGSX invests more broadly. There are 10 funds that invest in equities involved in gold and other precious metals. The two top rated funds (4*) of these ten are VGPMX and FGLDX.
While the Vanguard fund did better than Oppenheimer over the past two days (down 10.94%), Invesco was more in line with Oppenheimer. It dropped from an initial price of $4.98 to close at $4.67 on 11/10, and $4.38 today. That's a combined loss of 12.05%.
I'm afraid you may be looking at Yahoo's "daily" performance figures, which are (as I write this) reporting two day drops, not the supposed daily returns.
Another factor - there's a difference between gold funds and gold mining company funds. See, e.g. ETF.com, Commodity ETFs: Gold Miners Vs. Gold

In the 1987 crash I had a fund that was down over 20% that day. That was a plain equity fund. Gold funds can be vicious on the downside as well as exhilarating on the upswing. It's just their nature when volatility comes into play.

Why would anyone in their right mind invest in this? 1.2 AUM, wow.

Any limits per regulation as to how much a single open ended mutual fund can lose in a single day?
I suspect the answer is No. But thought it an interesting question after looking at my watch-list today and noticing that OPGSX, a fund I once owned, fell 14.67% for the day. A big Ouch!. Suspect that's more than most are prepared to lose in a year's time. Gold was off $36 today at last look. Off about $100 since the election.
Nasty stuff to play around with.
FWIW

And eight more years later
'Atlas Shrugged': From Fiction to Fact in 52 Years
By Stephen Moore
Updated Jan. 9, 2009 11:59 p.m. ET
Ultimately, "Atlas Shrugged" is a celebration of the entrepreneur, the risk taker and the cultivator of wealth through human intellect. Critics dismissed the novel as simple-minded, and even some of Rand's political admirers complained that she lacked compassion. Yet one pertinent warning resounds throughout the book: When profits and wealth and creativity are denigrated in society, they start to disappear -- leaving everyone the poorer.
One memorable moment in "Atlas" occurs near the very end, when the economy has been rendered comatose by all the great economic minds in Washington. Finally, and out of desperation, the politicians come to the heroic businessman John Galt (who has resisted their assault on capitalism) and beg him to help them get the economy back on track. The discussion sounds much like what would happen today:
Galt: "You want me to be Economic Dictator?"
Mr. Thompson: "Yes!"
"And you'll obey any order I give?"
"Implicitly!"
"Then start by abolishing all income taxes."
"Oh no!" screamed Mr. Thompson, leaping to his feet. "We couldn't do that . . . How would we pay government employees?"
"Fire your government employees."
"Oh, no!"
http://www.wsj.com/articles/SB123146363567166677

Predicted 16 years ago:

Yup, it's currency effects and some bad carry trades being unwound, far beyond my pay grade to fully understand:
http://www.bloomberg.com/news/articles/2016-11-11/carry-trades-collapse-as-emerging-market-yield-advantage-shrinks
The duration effect remains rather striking (to me). If dollar-denominated with a short portfolio duration (as many MFs were not), there has been limited damage. e.g. DLENX. Of course, the longer a big shift plays out, the less likely it is that any fund will escape; it will reach the most sheltered, as well as their little dog, too.

Vanguard - 2016 Preliminary Capital Gains Estimates
https://personal.vanguard.com/us/insights/article/preliminary-capital-gains-112016

FYI:
Regards,
Ted
http://video.cnbc.com/gallery/?video=3000567303&play=1

http://www.grandeurpeakglobal.com/documents/grandeur-peak-global-opportunities-fund-comm-20161110.pdf
Laura Geritz joining GP, kind of...

Here is Ms Abramowicz Full article from Bloomberg Gadfly/Gundlach Webcast Info
Gundlach Takes a Moral Victory Lap
By Lisa Abramowicz
...This just shows how difficult it will be to win big over the next few months, even if a money manager gets a few big bets right. Opportunities will abound, but so will the risk of failures (see the Mexican peso, 30-year bonds and emerging-market debt.) Mutual-fund investors have made a clear statement since the crisis -- they don't want to lose a ton of money again. Investment managers are tasked with balancing out risks and hedging against being wrong, even at a significant cost.
https://www.bloomberg.com/gadfly/articles/2016-11-11/doubleline-s-gundlach-called-trump-s-victory-but-played-it-safe
No Gloating Allowed ? Gundlach to host his first post election webcast Tue November 15th
DoubleLine Asset Allocation - Core Fixed Income & Flexible Income Live Webcast
hosted by Jeffrey Gundlach
Tuesday, November 15, 2016 1:15 pm PT / 4:15 pm ET / 3:15 pm CT
Register here:
https://event.webcasts.com/starthere.jsp?ei=1085785
CHART OF THE WEEK
30-YEAR US TREASURY YIELDS "TRUMPED" BY US ELECTION

https://www.payden.com/
Here's another rare event,although much more predictable.
Supermoon Forecast: The Moon Hasn't Been This Close (to Earth ) in Almost 69 Years
By Joe Rao, SPACE.com Skywatching Columnist | November 11, 2016 07:00am ET
On Monday (Nov. 14) at 6:15 a.m. EST, the moon will arrive at its closest point to the Earth in 2016: a distance of 221,524 miles (356,508 kilometers) away. This distance, which is measured from the center of the Earth to the center of the moon, is within 85 miles (137 km) of the moon's closest possible approach to Earth; to be sure, this is an extreme perigee.
Supermoons can appear 30 percent brighter and up to 14 percent larger than typical full moons.

http://www.space.com/21693-supermoon-full-moon-2013-stargazers-photos.html
http://www.space.com/34660-closest-supermoon-full-moon-in-69-years-forecast.html
http://www.timeanddate.com/moon/usa/madison

FYI:
Regards,
Ted
Lipper Equity Mutual Funds
http://www.allaboutfunds.com/performance/iops.pdf:
Lipper Fixed-Income Mutual Funds: (Taxable
http://www.allaboutfunds.com/performance/fixed_iops.pdf As 10/13/16
Lipper 25 Largest Mutual Funds:
http://www.allaboutfunds.com/performance/lg25.pdf As 10/13/16
Lipper Mutual Fund Yardsticks: As 10/14/16
http://online.wsj.com/mdc/public/page/2_3023-fundyrdstick.html?mod=wsj_mdc_additional_mutualfund
Lipper Mutual Fund Indexes: As 1014/126
http://online.wsj.com/mdc/public/page/2_3020-lipperindx.html

FYI: One of the few prominent money managers who correctly predicted the next president of the U.S. also pretty much nailed this year's bottom for Treasuries
Regards,
Ted
http://www.investmentnews.com/article/20161111/FREE/161119988?template=printart

I agree with msf assessment. Historically Pimco's strength is in the debt area and the backroom (analysts) support is significant to run a wide range of strategies. Because of that that small shop in Newport, CA grew to one of the largest firm over the last two decades. With that level of support, it also allowed him to be the spokesman for Pimco. Toward the end of Gross tenure at Pimco, the problem of large asset base finally caught up with him.
Janus, on the other hand, is the opposite to Pimco where they are mostly known for equity investment. The under-performance of Gross fund to its benchmark is due to lack of support. It is highly unlikely for Gross to build a support equivalent to Pimco in less than 10 years. So it should be surprise the Unconstrained fund is not so well even with much smaller asset base.

Sorry - I don't check or track quarterly. YTD still hanging on to a double-digit year. But seems like I've too been stuck in the mud for several months now. The nice gains came early. Yesterday, despite the 200+ jump in the Dow, I lost a few dollars (literally). Off -.02%.
I don't really have my head around what happened yesterday. Yes, EMs got hammered. Bloomberg says the EMs fear U.S. protectionism will hurt them. OK- makes sense. Though I still give equal credence to Fed Reserve intonations.
What's odd is that a couple of my balanced funds like OAKBX and DODBX did very well - while similarity conservative RPGAX suffered and PRWCX stumbled. Both of the latter sell puts and employ other sophisticated hedging methods to protect against downside and add income. Those trades have worked well for a long time, but didn't work yesterday for whatever reason. In the case of RPGAX, exposure to foreign securities also hurt. And to the extent it invests in a fund of hedge funds, it suggests that the smart (not so smart?) Wall Street money also got burnt.
Another good one to watch is HSGFX which lives and dies by these hedging techniques. Off -1.82% yesterday.
FWIW

Hello,
Here is what's happening with me.
Since, Mr. Trump's victory was a surprise to many it also seems to be as well for the market. In my own portfolio, I have had some winning sectors as well as some laggards. All in all my portfolio has the same value comparing market close of November 7th to the close on the 10th. While some things have increased in value some things have also fallen in value netting me even. I guess this is one of the benefits of good diverfication. While my fund managers are perhaps making some changes ... I myself plan to just sit tight and rock along not dong much of anything until things gets sorted out by Mr. Market. Seems, by my math, the market as defined by the S&P 500 Index is up 1.6% form its 11/7 close of 2132 to its 11/10 close of 2167.
My three best performing sleeves since the election are my small/mid cap sleeve found in the growth area of my portfolio followed by my domestic hybrid sleeve found in the growth and income area along with my global hybrid sleeve which is also a member of the growth & income area as well. Its also interesting that my income area has held up much better than anticipated being flat like my portfolio as a whole. Seems, my hybrid income sleeve has, thus far, covered the losses that were a product of my income sleeve netting the area out flat.
Currently, I still lead my bogey ... The Lipper Balanced Index, although it has made some gains of late where I have been flat.
It will be interesting to see how things go today.
Skeet

It's pretty wild, so I had to doublecheck this on the Powershares site after seeing it on M*: PCY (US$) and LEMB (local currency) both fell in price today ~ 2x the drop in the IIV, resulting in very wide discounts, for etf's.
Here's PCY, discount now of 1.9%, and here's LEMB, discount of 3.4%. From the charts a little way down from the top of the M* page, it looks like these may be the widest discounts ever for both.
Note also the very large trading volume.
Edit: Junkster mentioned HYD - same thing going on there, too.
Looks like some panicky selling happening ... or maybe several big players adjusting allocations at the same time for the new national order? You'd have to bet EM oef's will be down much less than the etf's today.

Exactly and why I would never ever buy a bond ETF.
Edit; well, that was a shock. The open end fared worst than I thought with some of the emerging markets bond funds on my screen down 3% to 5% (OEMYX)

It's pretty wild, so I had to doublecheck this on the Powershares site after seeing it on M*: PCY (US$) and LEMB (local currency) both fell in price today ~ 2x the drop in the IIV, resulting in very wide discounts, for etf's.
Here's PCY, discount now of 1.9%, and here's LEMB, discount of 3.4%. From the charts a little way down from the top of the M* page, it looks like these may be the widest discounts ever for both.
Note also the very large trading volume.
Edit: Junkster mentioned HYD - same thing going on there, too.
Looks like some panicky selling happening ... or maybe several big players adjusting allocations at the same time for the new national order? You'd have to bet EM oef's will be down much less than the etf's today.