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Originally Posted by xray
PTTAX if you're looking for a hole to crawl in.
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That looks like a nice stable fund.
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The investment seeks total return consistent with preservation of capital. The fund normally invests at least 65% of assets in debt securities, including U.S. government securities, corporate bonds, and mortgage-related securities. It may invest up to 30% of assets in securities denominated in foreign currencies. The fund may invest up to 10% of assets in high-yield securities rated B or higher. The average portfolio duration of this Portfolio normally varies within two years (plus or minus) of the duration of the Lehman Brothers Aggregate Bond index.
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I would imagine the fund doing better if we didn't have that sub-prime mess right now.