Tuesday, September 3, 2013

Treasuries, Mortgage REIT`s & Closed-End Funds

"There is plenty of yield right now in the bond market, but it’s not in Treasuries. I’m talking about closed-end funds, I’m talking about mortgage REITs. These are vehicles that are trading at 10% discounts to their net asset values, or for REITs versus their book value. 555 They’re generating yields where it’s not that hard to put together a basket of investments that yields 8%, but people don’t want to buy these investments now due to fear and loathing." - in Barron`s 

Jeff Gundlach is recognized as a leading expert in bond and fixed income investments. His investment strategies have been featured in leading publications including The New York Times, The Financial Times, The Wall Street Journal, USA Today, Barron’s, Forbes, and Fortune. Gundlach On The Markets is an unofficial blog tracking Jeff Gundlach`s market views and commentary.