Although some of these common tacks seem sensible, they have drawbacks, too.
High transaction costs, lack of flexibility, and credit-quality risk loom large.
Individual investors can do OK buying individual Treasury bonds, but pitfalls proliferate in other credit sectors, says Morningstar's Eric Jacobson .
The big names in this category have more to prove before we can fully recommend them, says Morningstar's Eric Jacobson .
Although many fixed-income fund categories had a rocky 2013, investors should heed the dangers of swapping their bonds for cash or stocks, says Morningstar's Eric Jacobson .
With a tilt toward longer durations, worries over Puerto Rico, and large outflows, muni funds struggled in 2013, but they have something to offer investors, says Morningstar's Eric Jacobson .
Morningstar's Eric Jacobson runs the gamut with some of his favorite fixed-income funds, including ideas for core, short-term, multisector, high-yield, and muni exposure.
Morningstar's Eric Jacobson breaks down the nuances of GO, revenue, and tobacco bonds, warns about a yield pitfall to avoid, and offers best practices for researching muni fund portfolios.
The bond behemoth is having a year to forget, but Morningstar senior fund analyst Eric Jacobson believes this Gold-rated fund's long-term track record has earned investors' patience.
Active bond-fund managers are deviating from the Barclays Aggregate Index, but the index itself has also changed, says Morningstar's Eric Jacobson .