Although some Vanguard funds underperformed their peers during the market rally, the firm had more portfolios in the top quartile of their categories than in the bottom quartile.
Bond-fund investors need to focus on duration, credit quality, and relative yields to better understand how much risk they're taking on, says Morningstar's Eric Jacobson.
Morningstar's Eric Jacobson sizes up some common tactics that active bond fund managers and investors are pursuing to protect against rising interest rates.
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