Nontraditional bond funds may prove more resilient when rates rise, but watch out for credit risk.
Early indications suggest DoubleLine, Metropolitan West, and Dodge & Cox may be benefiting from Bill Gross' departure.
An update on our Fund Analyst Rating changes and what we're continuing to monitor as the firm works to stabilize itself after Bill Gross' departure.
It's not just a matter of lowering your market risk, says senior alternatives analyst Josh Charney.
Roundtable report: Morningstar strategists offer up their best ideas for a fully valued, low-yield market with few attractive choices.
The big names in this category have more to prove before we can fully recommend them, says Morningstar's Eric Jacobson.
For a small category, the world-bond group features a confusing array of choices.
Income-hungry investors sought out niche fixed-income funds like bank-loans and non-traditional bonds in the first quarter, while the so-called great rotation into stocks is not yet confirmed.
After strong flows into stock funds earlier this year, investor interest in equities is waning as bond funds remain in high demand, says Morningstar's Mike Rawson.
Investors should be cautious of rapid inflows into high-yield and bank-loan funds as managers could have difficulty putting excess money to work in high-conviction ideas.