Bonds vs. Bond Funds: 6 Reasons to Love Both

The question of whether to own direct bonds or bond funds is best answered by looking at the pros and cons of both investments, at least according to Morningstar Vice President of Research John Rekenthaler. In in a recent column, Rekenthaler reviews the positives and negatives of each type of product, leaving the decision of what works best for a portfolio to the advisor and/or investor client. Here are three reasons to own bonds directly, as well as three reasons to own bond funds. Related: 6 Financial Planning Tips to Close Out the Year of COVID-19