Investors should dig into their bond portfolios to understand all the places their managers are hunting for yield, says Morningstar's Eric Jacobson.
And not in the good way, as Morningstar's Eric Jacobson cautions that numerous portfolios in the category have proved to be more volatile and have lower returns than some might think.
I am not in any way affiliated with any of the funds and/or fund companies I write about
Morningstar's Christine Benz provides some useful tips for those getting their feet wet in fixed-income investing.
Diversification isn't just for stock investors.
©2014 Morningstar Advisor. All right reserved.