There’s Still a Place for Bonds in an Income Portfolio
Passive investment has had a dramatic effect on bond funds. And while that’s meant higher prices and lower yields for many, four in our coverage universe offer solid management, performance, and income.
The Great Gross Out and Closed-End Bond Funds
Bill Gross' departure from Pacific Investment Management Company has garnered all the headlines. But challenging conditions in the bond market are a bigger cause for concern.
Closed-End Bond Funds: Few Jewels amid the Junk
Few high-yield investments deserve greater scrutiny and skepticism than closed-end bond funds.
Closed-End Bond Funds: Proceed with Caution
Closed-end bond funds have pulled back over the past 12 months in anticipation of rising interest rates.