The Quarterly - September 2011
Featured Investment Corner
by: Investment Committee
The "Featured Investment Corner" profiles a new investment each quarter that the JNBA Investment Committee has chosen to reflect the strategies of many portfolios at our firm. Our hope is to provide additional insight behind the strategies implemented by our Investment Committee. If you have any questions about the featured investment, or the specifics of your own portfolio, please contact your Senior Wealth Advisor.
DoubleLine Total Return Fund
Jeffrey Gundlach (Founded DoubleLine in 2009, but along with co-manager Philip Barach, managed TCW Total Return Bond fund from 1993-2009, winning Morningstar Manager of the Year honors in 2006)
Focuses primarily on mortgage-backed securities within the fixed income markets. Pays careful attention to security selection and emphasizes appropriate risk/return areas of the market.
One year return through 8/31/11 = 11.64% (top 1% of 1,145 funds in the Morningstar Intermediate Bond category).