Thompson Plumb Bond (THOPX)
As of October 20, 2010.
You won’t find any exposure to U.S. government securities in this fund. Instead, management had loaded up on corporate bonds, which now make up more than 80 percent of the fund’s total assets. The portfolio also has a rather large allocation to cash (30 percent). For a bond fund, Thompson Plumb offers a relatively wild ride: Over the past decade, it has finished four years in the bottom quartile and four years in the top decile of its category, according to Morningstar. The fund, which yields 3 percent, has returned an annualized 7 percent over the last 10 years. Its annual fees are 0.75 percent.
