Hi @Junkster
Yowie, eh?
IOFIX = +29.9%
PIMIX = +13.4%

http://stockcharts.com/freecharts/perf.php?PIMIX,IOFIX&n=521&O=011000
I double checked the performance math against M* and indicates correct.
I have not reviewed IOFIX magic sauce, although it appears they use "special tools", too.
Disappointed that the web site for the fund has not been updated for 1 year. Suppose the folks are too busy running the algo's.
Take care,
Catch

Thanks Mark "catch22" no special sauce/derivatives/leverage just non agency RMBS. One of the fund managers (Brian Loo) gave me a long tutorial on the niche they operate in. The link below is a current fact sheet from the company. Hopefully few here will rush out and buy because of its high expense ratio and the toxic assets they specialize in. The last thing I want is for this to become a "groupthink" fund because then the party may be over. Anyway I mentioned this back in March so why buy it now? Hopefully some of the bond cognoscente here can steer everyone away from this fund - just as they would have done at the beginning of the year.
http://alphacentricfunds.com/funds/IncomeOpp/FactSheet.pdf

Hi @Junkster
Yowie, eh?
IOFIX = +29.9%
PIMIX = +13.4%

http://stockcharts.com/freecharts/perf.php?PIMIX,IOFIX&n=521&O=011000
I double checked the performance math against M* and indicates correct.
I have not reviewed IOFIX magic sauce, although it appears they use "special tools", too.
Disappointed that the web site for the fund has not been updated for 1 year. Suppose the folks are too busy running the algo's.
Added: Relative to 14 day RSI (Relative Strength Index) with 70 being the edge of "too hot" and 30 being the "everyone has sold" (value), IOFIX has been at about 97 since day one, with a small down blip of a few points.
Take care,
Catch

@Junkster - Thanks for mentioning IOFIX. I owned DPFNX recently, but IOFIX looks even better.
TDA has superior municipal high yield funds NHMAX and ORNAX. And OOSAX and EAFAX are excellent bank loan funds offered at TDA.

I have made a major overhaul. I no longer need/want to take *any* risk. But before I go the CD laddering and money market route thought I would try something first. I hold 8 bond funds the most funds I have ever held. Sort of a fund of funds approach. Based on performance hope to winnow that down to three or four funds. PONDX is my largest holding because of its persistency of trend. Another holding is IOFIX. Don't believe it has ever been mentioned but a real persistent trender. If I can beat a CD and money market return will just stick with this in retirement. I believe the normalizing of rates by the Fed could be a boon for retirees. 3% or more in money market rates down the road? Sign me up!
Edit: I should add I am really stymied by Scottrade's limited offerings and/or advisor only funds and will be glad when their merger is complete with TD Ameritrade.