Won't you do just as well with low cost index ETFs, such as VHT and BND?

Looks to me that with 50% in both, over time you'd get the same price performance as PRCWX - but with much lower costs, you'd have a better total return!

If you're willing to accept more volatility in a managed bond fund, GIM has done very well over the years, although with a higher expense ratio (.076%).