MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Thursday, March 31, 2011 Go-Anywhere Bond Funds Intrigue Morningstar The popularity and number of go-anywhere bond funds are growing, highlighted by a trio offerings, Morningstar reports. The free-roaming bond funds -- such as ones offered by PIMCO [see profile], JP Morgan [see profile], and Eaton Vance [see profile] -- have grown over the past 12 months by more than 260 percent, with 20 or so funds managing some $44.5 billion at the end of February 2011, according to Morningstar. However, buyer beware: Morningstar says these funds have done a better job at insulating themselves from interest-rate risk than generate competitive returns. Printed from: MFWire.com/story.asp?s=36420 Copyright 2011, InvestmentWires, Inc. All Rights Reserved |