Tue, 30 Apr 2013
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Investors should dig into their bond portfolios to understand all the places their managers are hunting for yield, says Morningstar's Eric Jacobson.
The mid-single-digit returns that fixed-income investors have become accustomed to are unlikely to be repeated, says Fidelity Total Bond manager Ford O'Neil.
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.
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