More flexible mandates for bond funds may offer more investment options, but it also may introduce complications, managers say.
The cost is often higher volatility.
Uncertainty over interest rates, frothiness among higher-yielding issues, and liquidity risk are reasons to be cautious, says MetWest's Laird Landmann.
Fund fees have remarkable predictive power, and investors can put them to their advantage.
Bond funds' past performance isn't necessarily indicative of skill.
Many of these funds are gaining investors who are fleeing PIMCO Total Return.
We skinny down the number of holdings for this mid-50s couple who wants to make sure their ample portfolio is on the right track.
Morningstar's Russ Kinnel discusses what impact outflows and inflows are having on Fidelity Contrafund, PIMCO Total Return, MetWest Total Return, and Dodge & Cox Income.
A handful of funds have gotten all the love in the wake of Bill Gross' departure from PIMCO, but investors can widen their scope.
International-equity funds--particularly currency-hedged funds--were the biggest beneficiaries of new investor dollars in March, continuing a broader trend over the last several years.