SIGNUPABOUTBW_CONTENTSBW_+!DAILY_BRIEFINGSEARCHCONTACT_US


Return to main story


The Mavens Scope Out Bonds

To get an idea of where interest rates and inflation may be headed, BUSINESS 
WEEK interviewed 25 managers of bond mutual funds rated three stars or better 
by Morningstar Inc. Here is a sampling of their forecasts

NAME/FUND                                           LONG BOND YIELD
                                              DEC.'97   JUN. '98   DEC. '98
ROBERT RODRIGUEZ   FPA New Income               6.60%     6.80%     7.00%
FRED QUIRSFELD     Amex / IDS Bond              6.50      7.00      7.25
DANIEL FUSS        Loomis Sayles Bond           6.50      5.90      5.30
PAUL KAPLAN        Vanguard GNMA                6.25      6.00      6.00
KENT NEWMARK       Loomis Sayles US Govt        6.50      6.25      6.25
ROBERT AUWAERTER   Vanguard LT US Treas.        6.75      7.00      NA
WAYNE GODLIN       Van Kampen Am Cap Hi Yld     6.50      6.25      6.00
CLARK WAGNER       Executive Investors
                      Tax Exempt                6.50      6.25      6.00

NAME/FUND                                          FEDERAL FUNDS RATE
                                               DEC.'97   JUN. '98   DEC. '98
ROBERT RODRIGUEZ    FPA New Income               5.50%    5.75%      5.50%
FRED QUIRSFELD      Amex / IDS Bond              5.50     6.25       6.50
DANIEL FUSS         Loomis Sayles Bond           5.75     4.50       4.75
PAUL KAPLAN         Vanguard GNMA                5.50     5.00       5.00
KENT NEWMARK        Loomis Sayles US Govt        5.50     5.25       5.25
ROBERT AUWAERTER    Vanguard LT US Treas.        5.50     6.00       NA
WAYNE GODLIN        Van Kampen Am Cap Hi Yld     5.50     5.75       5.75
CLARK WAGNER        Executive Investors
                       Tax Exempt                5.50     5.75       5.75


NAME/FUND                                        5-YR. EST. LOW  5-YR. AVE.
                                                 ON LONG BOND    INFLATION
ROBERT RODRIGUEZ    FPA New Income                6.00%           2.75%
FRED QUIRSFELD      Amex / IDS Bond               5.00            2.00
DANIEL FUSS         Loomis Sayles Bond            5.00            2.00
PAUL KAPLAN         Vanguard GNMA                 5.00            2.00
KENT NEWMARK        Loomis Sayles US Govt         6.00            2.75
ROBERT AUWAERTER    Vanguard LT US Treas.         6.00            2.75
WAYNE GODLIN        Van Kampen Am Cap Hi Yld      5.50            2.75
CLARK WAGNER        Executive Investors
                       Tax Exempt                 5.50            2.75

NA = Not available

DATA: BUSINESS WEEK SURVEY


Return to main story


SIGNUPABOUTBW_CONTENTSBW_+!DAILY_BRIEFINGSEARCHCONTACT_US


Updated Oct. 23, 1997 by bwwebmaster
Copyright 1997, Bloomberg L.P.
Terms of Use