On absolute terms, PQTDX, and on relative terms, GLFOX, VDIGX for me.
RNDLX is also OK considering how far stock funds have fallen.

Hey, I gave y'all notice--- 1 down, 13 to go?
http://www.mutualfundobserver.com/discuss/discussion/24300/doubleline-funds-planning-expansion-in-rather-dicey-times#latest
You might want to do a little research before reaching any conclusions. While bee's suggestions are fine, esp. GLFOX (I'm building cash for that one), this fund will have a distinct income orientation and could be a good diversifier in that realm if the strategy works. What other fixed income sector would correlate closely? Can't think of one. Perusing the filing, as one would expect from an unusual fund, there are some unusual risk factors listed, however.
Here are the 3 PMs, who will be dedicated solely to this strategy via this fund and separate accounts, with their schtick:
http://www.doubleline.com/global-infrastructure-management-media.php
(aside: the "wandering camera technique" notes that Luz Padilla appears to like colorizing her nails to match her wardrobe--- who knew? :) nice touch....)

TOLSX and GLFOX might be where to turn for infrastructure funds.

GLFOX, SFREX, and some physical gold in the safe deposit box.

When I researched infrastructure funds, it seemed that most of them were growth (and energy) oriented. Lazard (coming from a value shop) focuses much more heavily on transportation infrastructure (airports, railroads, etc.). Very different focus (and value oriented).
If you like TOLLX and GLFOX, you can split the difference in a single, cheaper fund, NMFIX. Managed by Lazard and Brookfield. Though I'm stunned that Northern does not disclose the members of Lazard or Brookfield who are responsible for the day-to-day management. (The last time they listed the managers in the prospectus, they were the same as the TOLLX and GLFOX managers.)

Thanks, catch22. I just noticed that myself. Also, GLFOX is not as heavily invested in energy per se. I see about 8.5 % whereas TOLLX is about 25%. I'm sure that's part of the difference as well.

That's probably the core difference - pipeline companies and other such energy infrastructure names have done terribly this year.

The semi-annual was released on 9/8 and has some information about performance during the relevant period. GLFOX PP. 5-6, 2nd col. IIRC

Thanks, catch22. I just noticed that myself. Also, GLFOX is not as heavily invested in energy per se. I see about 8.5 % whereas TOLLX is about 25%. I'm sure that's part of the difference as well.

Hi @Willmatt72
I own two infrastructure funds TOLLX and PGUAX. At this time, I keeping both and will add to them over time.

Yes, it's a tough spot right now. I thought it would hold up better in a downturn but it seems the opposite happened. I'm trying to figure out why GLFOX cited by BenWP is doing so well this year.

GLFOX is still up YTD and for a year. I have not watched other funds in the sector.

Sooooo, let's see what you would do with your portfolio if you had to put things into 1-3-5-10-year buckets......and the one where, after death, your heirs will deal with it?!!
Year 1: The What's Hot Now stuff as overseas mine DODFX, RERFX, FMIJX.
Year 3: Say what might be -- FMEIX, FSCRX, FSENX, GLFOX, MAPIX.
Year 5: The Who Knows Zone --- healthcare --- GLRBX, PRBLX, YAFFX --- things that will be there.
Year 10: The core -- index funds -- health, again -- bonds.
Til Death --- insurance --- house --- toys you have, i.e., cars, boats, coins, guns -- and the forever stocks, bonds & funds land.
Just some ideas......what I would like to see is what a Board of Many thinks.....because of the ranges in ages, wealth, upbringing, etc., where you live as well as many other things.....how you think about the rest of your life. Something to give pause to and sip a longneck over....at a slow point in time, maybe.....
God bless.
the Pudd

Right now I am overweight foreign equities (40% US, 31% foreign) because of more attractive valuations and, more importantly, those countries are in the midst of QE whereas we are at the end of our QE. I continue to like lower volatility foreign plays like MINIX, EFAV and GLIFX/GLFOX.
Kevin

A few active management funds I have screened based on comparative performance within their sector:
Foreign Small Blend - GLFOX
Foreign Small Value - QUSOX
Foreign Small Growth - WAIOX
World Allocation - KTRSX
Europe - CAEZX

Not to rain too heavily on your parade, but regarding a couple of the funds I recognize here:
The Lazard Global Listed Infrastructure Fund (GLFOX) is just what it sounds like - a sector fund, and one that even for a concentrated fund, is very concentrated (1/3 of its assets in its top five holdings). It is value leaning (as is typical of Lazard), unlike most infrastructure funds (and despite M*'s characterization of the fund as blend). A fine fund, and it holds mostly foreign equity, but that's as far as it goes to fitting in as a foreign fund.
Polaris Foreign Value Small Cap (QUSOX) - if you're including this one and a world allocation fund, it seems that you might also want to list Polaris Global Value (PGVFX) - a world stock fund from the same team, that recently lowered its ER to make it quite attractive. (As M* notes, its former higher cost was its only negative.)
Acorn Europe Z (CAEZX) - like the rest of the Acorn funds, this noload share class is closed except to grandfathered investors (who own any Columbia or Acorn Z class shares from before 2005). I keep a toehold for just this reason.

A few active management funds I have screened based on comparative performance within their sector:
Foreign Small Blend - GLFOX
Foreign Small Value - QUSOX
Foreign Small Growth - WAIOX
World Allocation - KTRSX
Europe - CAEZX

Foriegn SC funds (other than QUSOX):
GLFOX
WAIOX
Europe:
CAEZX
World Allocation:
KTRSX

http://csinvesting.org/tag/david-iben/
David Iben is touting uranium, gold, and coal according to the linked article. Not surprising that KGGIX hasn't done anything since he opened the fund. Thanks to kevindow for the CS white paper. I have a position in GLFOX.

@linter: LLJB was discussing KGGIX, which is a "diversified" global all-cap fund which is really liking materials and Russia, whereas GLFOX is a non-diversified infrastructure fund with 39% in utilities and 43% in industrials. So I wasn't sure if infrastructure was of interest. Also, infrastructure funds, because of their exposure to utilities may not fare well in a rising interest rate environment, and hot money may migrate to other sectors. Surprisingly, GLFOX did well in the latest interest rate spike 4/21/2013 - 9/1/2013, when the 10 YR increased from 1.66 to 2.94%, whereas its competitors were no so fortunate as shown HERE.
@LLJB: Both funds are outstanding, but recent performance has been better for GLFOX which hedges its currency exposure. I suspect that GLFOX had some sort of hedge in place during the interest rate spike in 2013 as its performance was very different from its competitors.
Here is a nice white paper on infrastructure investing:
https://www.credit-suisse.com/pwp/am/downloads/marketing/infrastructure_ch_uk_lux_ita_scandinavia.pdf
Kevin

the phrase "amenable to infrastructure" suggests that some people might have a bias against it. if you don't mind, what are the downsides to an infrastructure fund like GLFOX (which I own a good chunk of, btw.)?

@LLJB, in the global multi-cap space, I continue to like VMNVX/VMVFX, HCOYX, and if you are amenable to infrastructure, GLIFX/GLFOX. Of these funds, we own HCOYX and GLIFX. Actually, right here, right now, I like all of these funds much more than Iben's fund.
Kevin

Over the weekend I compiled a few funds that I hope will be complimentary to my equity holdings. Real Estate and commodities were on my list along with a variety of bond funds (LT / ST treasuries, TIPS, and Multi-sector funds). I also wanted to consider some equity sector funds and here I'm considering Utilities, Industrials, Japan, India, and Transportation to perform well this year.
With this, here's are some choices that have outperformed in there respective category over 1,3 and 5 years. They have relatively low ERs and are often available with no transaction fees.
RE - RRREX,
Utilities - GASFX, TOLSX, GLFOX
Commodities - SKSRX, PCRDX
Income - PONDX, FAGIX
TIPS - TIPSX
Japan - HJPNX
India - MINDX
Industrials - FSRFX
LT Treasuries - WHOSX
ST Treasuries - FMEQX