Echoes of the financial crisis reverberated across short-term and ultrashort bond funds in March 2020.
Level-headed strategies may already be on the mend, too.
Core bond funds have been steady, but cracks in corporate credit markets are taking a toll.
What is the adjusted expense ratio, and why should you care?
Pimco Real Return provides worthwhile inflation-protected bond exposure, which can help preserve purchasing power in retirement.
The duration of a bond portfolio's underlying positions matters as much as their size.
Miriam Sjoblom talks with Dan Fuss of Loomis Sayles about a memorable investment opportunity and his advice for successful portfolio managers.
Silver-rated PIMCO Real Return maintains its Morningstar Analyst Rating despite a key management departure.
Outstanding returns can be a warning sign late in the credit cycle.
Silver-rated PIMCO Short-Term's wide-ranging strategy taps into the firm's global expertise.
PIMCO's Mohit Mittal says he sees some opportunities in credit but is exercising caution around retail, chemicals, and broadcasters.
A new Morningstar study examines active managers' odds of outperformance across fixed-income categories.
Forget about calling the bond market bottom. These funds will let you rest easy.
Watch Miriam Sjoblom discuss how the firm is holding onto its talent three years after the departure of Bill Gross.
Investors swapping from one to the other should know that they bear different risk profiles.
Silver-rated PIMCO Investment Grade Corporate Bond blends thoughtful economic analysis, solid bottom-up research, and price consciousness.
To understand a bond portfolio's risks, look beyond volatility-based metrics.
It's only a matter of time before Silver-rated PIMCO Low Duration's advantages make more of a mark.
The cost is often higher volatility.
This Bronze-rated fund has had promising results so far, but we don't like its above-average price tag.
Newly rated Hartford World Bond stands a good chance.
These intermediate-term bond funds have grown the most as PIMCO's flagship has shrunk.
Implementation challenges, poor performance, and high costs weigh heavily on this Morningstar Category.
MetWest's Tad Rivelle says recent swings in the fixed-income market are representative of conditions when QE3 ends, and he is eyeing asset classes with low Treasury correlations.
Given valuations and where interest rates are headed, you don't want a lot of market risk now, says Eaton Vance Bond manager Kathleen Gaffney.
With bargains scarce, some core bond managers aren't taking too many chances.
This growing category contains few one-size-fits-all options.
The factors that drove bond prices higher in 2012 are much weaker in 2013, and investors should have a modest intermediate-term outlook on their fixed-income holdings, says Dodge & Cox's Tom Dugan.
Concerns of global systemic shocks have lessened from previous levels, and corporate issuers are more likely to take on riskier bets, according to Dodge & Cox's Tom Dugan.
Morningstar 2012 Fixed-Income Fund Manager of the Year Mark Kiesel says housing and energy sector bets proved positive last year, and he sees multiyear growth potential in these and other areas.
In a competitive 2012, a few new contenders stand out alongside a couple of tried-and-true names.
BlackRock's Rick Rieder expects the bond market to focus more on alpha creation next year, but investors should watch for rising duration risk as well as ongoing troubles in Europe.
The Dodge & Cox Income manager discusses the fund's ongoing rate-risk mitigation, recent reduction in agency mortgages, and non-U.S. dollar-dominated picks.
Simmering credit worries are no match for muni investors' yield grab.
Markets are being too short-sighted about the European crisis, as recent stress may actually stir policymakers to enact meaningful change, says the Templeton Global Bond manager.
The PIMCO Investment Grade Corporate Bond says a growth slowdown and resultant move by central banks have made the team more optimistic on duration. Plus he explains the fund's focus on bank bonds.
Morningstar's 2011 Fixed-Income Manager of the Year John Carlson outlines his strategy for Fidelity New Markets Income going into last year and what he expects for 2012 and beyond.
PIMCO's Joe Deane thinks municipal bonds look attractive but that investors should remain cautious and stick to shorter maturities and higher-rated bonds.
At this point in the credit cycle, TCW's Jamie Farnham thinks that despite a meager economic recovery, most high-yield issuers should be able to weather the storm.
The world's biggest global bond fund takes its one-of-a-kind show to Asia.
PIMCO hooks a big fish from its Southern California coastal neighbor Western Asset in a bid to build out its municipal-bond team.
AllianceBernstein's Michael Brooks on state budget gaps, growth concerns, the possibility of default, and the pension problem.
Local finances are still strained and stressed, but the sector has fundamentally started to improve, says PIMCO's John Cummings.
Is the extra income still worth it?
Franklin Templeton's Rafael Costas believes that exaggerated fears about muni defaults, along with a few technical factors, led to the recent sell-off in the sector.
Taxable bond managers have taken advantage of the recently exposed values in the muni market, says Franklin Templeton's Rafael Costas.
Investors with a higher risk tolerance can obtain better-than-average rewards with high-yield munis, according to Franklin Templeton's Rafael Costas.
Investors should look outside of the benchmark, particularly in the fixed-income world, says Morningstar's 2010 Fixed-Income Manager of the Year.
The 2010 Fixed Income Manager of the Year says his team sees opportunity in the currencies and short-dated bonds of less-levered, higher-growth countries outside of the U.S.
A long-term, low-turnover approach, highly liquid stomping grounds, and the continued development of global markets have kept Templeton Global Bond's tremendous inflows manageable, says manager Michael Hasenstab.