Can Bank-Loan Funds Shield You From Rising Rates?
These funds can offer higher yields when rates rise, but they aren't perfect hedges, says Morningstar's Russ Kinnel.
Christine Benz: Hi, I'm Christine Benz for Morningstar.com. Bank-loan funds were extremely popular in 2013, but flows turned the other way in 2014. Joining me to discuss the category is Russ Kinnel--he's director of fund research for Morningstar.
Russ, thank you so much for being here.
Christine Benz does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.