This article originally appeared in Morningstar Direct Cloud and Morningstar Office Cloud.
At the beginning of May, we rolled out two new bond Morningstar Categories, splitting up the intermediate-bond category--the largest fund category by assets--into intermediate core bond and intermediate core-plus bond. As the "core" element of their names suggests, these funds often act as the foundation for investors' fixed-income portfolios.
To view this article, become a Morningstar Basic member.
Tom Lauricella does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.