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.
Which funds in the family show signs of strain due to assets.
Investors are keeping the faith in actively managed bond funds but using index products almost everywhere else.
Investors flocked to these funds in the wake of the bear market and have made good money ever since.
Morningstar's Russ Kinnel, Sarah Bush, and Christine Benz highlight their top fund picks for domestic and foreign equity, core bond, inflation-protected securities, and much more.
A handful of funds have gotten all the love in the wake of Bill Gross' departure from PIMCO, but investors can widen their scope.
But the majority of readers say they use actively managed funds, too.
There are reasons to tilt active or passive, but provided investors are picking low-cost, proven funds, they can be successful with either or both types of investments, says Morningstar's Russ Kinnel.
Properly levied, a performance-based fee puts shareholders and managers on the same side.
No other fund is as efficiently managed or offers such broad diversification to U.S. stocks as Vanguard Total Stock Market.