Dan Ivascyn: Building a Portfolio to Bend but Not Break

<p>Our guest this week is Dan Ivascyn. Dan is group chief investment officer of PIMCO, where he leads the firm's income, credit hedge fund, and mortgage opportunistic strategies and sits on its executive and investment committees. Dan is perhaps best known as the longtime manager of the PIMCO Income Fund, where he's produced one of the best records of any bond manager since taking the helm in 2007. In 2013, Morningstar named Dan our Fixed Income Manager of the Year. Dan has been in the investment business for nearly three decades. He joined PIMCO in 1998, following stints at Bear Stearns, T. Rowe Price, and Fidelity Investments.</p> <p><strong>Related links:</strong></p> <p><a href="https://www.pimco.com/en-us/experts/daniel-j-ivascyn">Dan Ivascyn bio</a> <br /> <a href="https://www.morningstar.com/funds/xnas/pimix/quote">PIMCO Income Fund</a> <br /> <a href="https://www.morningstar.com/articles/630318/announcing-the-morningstar-fund-managers-of-the-year-for-2013">2013 Fund Manager of the Year Award</a> <br /> <a href="https://www.pimco.com/en-us/insights/economic-and-market-commentary/secular-outlook/2019/economic-outlook-2019">PIMCO Secular Outlook</a> <br /> <a href="https://www.pimco.com/en-us/insights/investment-strategies/strategy-spotlight/income-strategy-update-positioning-for-the-long-term/">Income Fund Update: “Positioning for the Long Term”</a><br /> <a href="https://www.pimco.com/en-us/insights/investment-strategies/strategy-spotlight/income-fund-update-favoring-a-responsible-approach-over-yield-chasing\">Income Fund Update: “Favoring a Responsible Approach Over Yield Chasing”</a> <br /> <a href="https://www.bloomberg.com/graphics/negative-yield-bonds/">Bloomberg: “The Unstoppable Surge in Negative Yields Reaches $17 Trillion”</a> <br /> <a href="https://www.investopedia.com/terms/r/rmbs.asp">Residential Mortgage-backed Security</a><br /> <a href="https://www.pimco.com/en-us/experts/alfred-t-murata">Alfred Murata bio</a> <br /> <a href="http://https://www.pimco.com/en-us/experts/joshua-anderson">Jos