Bond fundsters, beware these five woes, or face the wrath of Morningstar
and those investors it reaches.
In today's "Fund Spy" column
, senior fund analyst Eric Jacobson warns investors about five signs that a bond fund is bad: high yield, high concentration, high leverage, extreme differentiation from peers, and of course high fees.
"The presence of one of these factors might be rightly interpreted as a reason to sit up and pay closer attention," Jacobson writes. "If a bond fund flies multiple red flags, though, chances are that it's best left alone."
Neil Anderson, Managing Editor
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