Fri, 21 Nov 2014
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Given the difficulty of timing interest-rate moves, author Rick Ferri recommends a diversified blend of high-quality bonds , high-yield credits, and a touch of TIPS.
Large foreign government ownership of U.S. Treasuries has overemphasized U.S. government bonds in the Barclays Aggregate Index, says the Vanguard founder.
The fund giant saw an executive-management shuffle, ultra-short- bond fund launch, new lower-touch advisory service, and continued inflow domination.
Tax-managed, index, and municipal- bond funds from Fidelity and Vanguard are among the best options for investors looking to minimize the tax drag on their portfolios, says Morningstar's Christine Benz.
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