Total return and risk-adjusted performance both support the view that mutual funds , closed - end funds, and exchange - traded funds are not created equal.
This investment mix is designed to limit risk and keep the tax collector at bay.
We take a look at a tactical closed - end fund investing strategy.
ETFs can offer better tax efficiency, but mainly in the domestic-equity realm.
The Federal Reserve's bond purchases are contributing to greater inflows into fixed-income funds, while demand for stock funds is near multiyear lows.
Plus, an updated expense ratio for Silver-rated FMI Focus Fund, a new emerging-markets value offering from American Century, PIMCO hires a new equity boss from Schroders, and more.
In-kind redemptions give ETFs an edge in tax efficiency, but other factors are bigger when comparing them with mutual funds .
There are more options than ever for investing in line with religious beliefs, writes Morningstar senior fund analyst David Kathman.
UPDATE: How to make money from ETFs' runaway growth
Here is a model portfolio for younger retirees, pre-retirees, or those with other income sources.