Tue, 16 Apr 2013
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Income-hungry investors sought out niche fixed-income funds like bank-loans and non-traditional bonds in the first quarter, while the so-called great rotation into stocks is not yet confirmed.
Morningstar's Miriam Sjoblom discusses how to gauge whether a muni fund is more apt than a taxable- bond fund , yield risks and other key focus points, and some of her muni -fund recommendations.
The benchmark index doesn't reflect the true allocations of U.S. bond investors, and the industry needs to look again at corporate- bond index funds or rework the current index, says Vanguard founder Jack Bogle.
First-quarter flows into many bond - fund categories were tepid compared with their equity counterparts, with improving economic conditions creating a Treasury sell-off.
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