Significant outflows have stymied the fund company, but the firm's depth of resources and shift to a more collaborative culture are reasons to be optimistic.
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.
Investors are keeping the faith in actively managed bond funds but using index products almost everywhere else.
Recent sales underscore the perils of timing interest-rate changes--and the virtue of patience.
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.
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.