Total return and risk-adjusted performance both support the view that mutual funds , closed - end funds, and exchange - traded funds are not created equal.
Also, Vanguard rolls out an emerging-markets bond fund , major portfolio manager departures at T. Rowe Price and FPA, Neuberger Berman to launch a China fund, and Invesco to rework its quant funds.
ETFs can offer better tax efficiency, but mainly in the domestic-equity realm.
After strong flows into stock funds earlier this year, investor interest in equities is waning as bond funds remain in high demand, says Morningstar's Mike Rawson.
BigFoot Investments Unveils Professional Portfolio Management Toolkits for Advisors
There are more options than ever for investing in line with religious beliefs, writes Morningstar senior fund analyst David Kathman.
The Federal Reserve's bond purchases are contributing to greater inflows into fixed-income funds, while demand for stock funds is near multiyear lows.
Less in fees means more remains in your account, but don't overlook outperforming managed funds.
In-kind redemptions give ETFs an edge in tax efficiency, but other factors are bigger when comparing them with mutual funds .
CEFs have a role in risk-tolerant portfolios.