The high-yield bond market poses unique challenges to index funds that make an active approach more attractive.
The case for index investing rests on the index fund's cost advantage and how representative it is of its actively managed peers, not market efficiency.
This new Vanguard bond fund is designed to be the centerpiece of portfolios. Low fees are a bonus.
Looking at some under-the-radar fund ratings.
The year 2015 was a disappointing one for most bond-fund investors.
Three options for a measured approach to junk bonds.
Designed for retirees in tax-deferred accounts, these portfolios blend index and active funds.
With its seasoned management team, relatively cautious approach, and rock-bottom expenses, Vanguard High-Yield Corporate will offer a smoother ride than many of its peers.
Bond funds' past performance isn't necessarily indicative of skill.
Positioning within the high-yield energy sector will differentiate managers in 2015.