Fears of rising rates have driven large flows to the category, but investors must take care to not eliminate the 'insurance' that core fixed-income funds offer.
The big names in this category have more to prove before we can fully recommend them, says Morningstar's Eric Jacobson.
Merger activity sizzles in the food business, Apple experiments with Beats, and Pfizer stays disciplined.
Portfolio sprawl, portfolio neglect, life events, and the transition to retirement are big signals that investors should get under the hood of their portfolios.
GAP's focus on organic growth takes advantage of its wide moat.
©2014 Morningstar Advisor. All right reserved.