Favorable fundamentals and better yields relative to other fixed-income assets make high-yield bonds worthy of a long-term allocation, but investors shouldn't try to time the market and must ratchet down their return expectations, say T . Rowe Price High-Yield manager Mark Vaselkiv.
The 23 funds that made the cut to get into our 401(k).
Goldman Sachs loses a value manager and more.
Morningstar's director of fixed-income research offers a checklist for specialty bond shoppers and a few of his personal favorites among the noncore categories.
The 23 funds that made the cut to get into our 401(k).
You might need a little non-PIMCO exposure.
Is the extra income still worth it?
The appointment was likely the least disruptive way to replace Mary Miller.
Shenkman didn't invent the high-yield market, but he was one of the first to see its potential.