This strategy’s freewheeling style makes it a better fit in the nontraditional bond Morningstar Category.
It’s been tough sledding for core bond funds that ventured into emerging-markets debt.
Backed by a seasoned team practicing a value strategy, Bronze-rated Metropolitan West Low Duration Bond has dialed down risk.
Passive core bond funds have some advantages, but don’t expect protection when interest rates rise.
It’s been a tough month for these bonds, but it’s a small allocation for most emerging-markets bond funds.
Courting ample currency and credit risk, Silver-rated Templeton Global Total Return shuns interest-rate risk, given skipper Michael Hasenstab's concerns about global inflation.
As default looms, some emerging-markets bond managers are cautiously hanging on.
Heavy credit or currency risk can make for more equitylike returns.
The changes include two newly created roles in the multiasset and alternatives groups.
The managers of Metropolitan West Total Return Bond continue to steer the fund in a predictable fashion even as assets have soared since Bill Gross’ departure from PIMCO.
We’re maintaining our Gold rating on Michael Hasenstab's fund, which is among the boldest world-bond funds we cover.
Japanese government bonds' big role in global-bond indexes make them hard to avoid.
Investors need to carefully consider various currency, interest-rate, credit/default, and geopolitical risks before jumping into this steadily growing category.
Three approaches to currency management drive different risk/reward profiles.
Third-quarter sell-off causes a wide dispersion of returns between local- and hard-currency-focused funds.
Emerging-markets stakes run the gamut.
With a potential Grexit looming, we take a look at Greece exposure across equity and fixed-income funds.
Morningstar checks in on the TCW/Metropolitan West crew following the bond world shakeup caused by Bill Gross' departure from PIMCO.
A growing but still risky group.
Russia's troubles highlight emerging-markets bond fund risk.
Ample in variety and in new offerings.
This eclectic group offers a wide variety of risk profiles.
Several actively managed funds have closed in recent years, but investors still have many solid options to choose from.
PIMCO Global Advantage Strategy Bond avoids heavily indebted nations, but still has its risks.
The odds are worse if it targets just one country or region.