With bargains scarce, some core bond managers aren't taking too many chances.
What a comparison of a fund's trailing 12-month and SEC yields can tell us.
What a comparison of a fund's trailing 12-month and SEC yields can tell us.
Bond-fund investors need to focus on duration, credit quality, and relative yields to better understand how much risk they're taking on, says Morningstar's Eric Jacobson .
Core, corporate, and short-duration bond funds continue to be popular as investors seek safer streams of income, but Morningstar's Eric Jacobson is concerned about the longer-term risks.
Morningstar's Eric Jacobson outlines three short-term bond funds that can protect against rate sensitivity, but mind the risks as such funds aren't cash substitutes.
First-quarter flows into many bond-fund categories were tepid compared with their equity counterparts, with improving economic conditions creating a Treasury sell-off.
Morningstar's Eric Jacobson responds to reader concerns about fixed income in the current low-rate environment, touching on duration, whether to sell holdings, the idea of moving into cash, and more.
And not in the good way, as Morningstar's Eric Jacobson cautions that numerous portfolios in the category have proved to be more volatile and have lower returns than some might think.
Morningstar's Eric Jacobson offers a formula to gauge whether TIPS are cheap or expensive compared with other assets but also warns of potential risks should long-term yields rise.