The outlook for bonds is just as cloudy as ever, but Morningstar's Miriam Sjoblom and Marta Norton offer helpful tips for setting the right expectations and creating a game plan in today's challenging bond market.
First-quarter flows into many bond - fund categories were tepid compared with their equity counterparts, with improving economic conditions creating a Treasury sell-off.
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.
A number of core bond - fund managers have moved away from Treasuries and toward opportunities in emerging markets and mortgage-backed securities.
These noncore funds can augment sturdy, higher-quality core holdings.
What a comparison of a fund's trailing 12-month and SEC yields can tell us.
Several concerns mute this firm's stewardship profile.
Kathryn Spica, CFA, 08/19/2014
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