Bond Funds
Keep up with the latest news about bond funds which can provide diversity and income to portfolios and offset equity risk.
Targeting Covered Bonds
By Ron DeLeggeThe ProShares USD Covered Bond (COBO) made its trading debut in late May.
June 22, 2012
Cerulli Report: Mutual Fund and ETF Assets Decline in MayIn May, mutual fund assets declined by close to 5%, as flows ($14.1 billion) totaled $7.2 billion less than in April. The Cerulli report notes that taxable bonds funds contributed to the decline in flows, with their lowest monthly inflow in eight months, at just less than $8 billion.
June 21, 2012
The Fed keeps slouching towards oblivion (Atlantic)At its latest meeting, the Fed said it will extend Operation Twist, but there was no mention of buying more bonds, nor did it say that it expects to keep rates low for longer.
June 17, 2012
Mid-June Fund Flows Up After Weak MayInvestors moved into the U.S. and out of Europe in mid-June, reports EPFR Global, though U.S. investors put way less into funds in May, according to Morningstar.
June 14, 2012
Spain, Cyprus DowngradedMoody's cut the ratings of Spain and Cyprus on Wednesday. Bond yields topped 7% for Spain, and in Italys first bond sale since Spains bailout yields surged.
June 08, 2012
The Fight Over 401(k) FeesRetirement plan fees can cost participants nearly $155,000 over the life of the plan, said a recent white paper by Demos, a liberal think tank. ASPPA says the paper is wrong.
June 08, 2012
Top Portfolio Products: Muni Bonds from PIMCO & Global Bonds from T. RoweNew products introduced over the last week include an indexed annuity offering a chronic care benefit from the Phoenix Cos. and five new volatility-weighted indexes from Compass Efficient Model Portfolios.
June 06, 2012
Oppenheimer Pays $35 Million for Misleading Advisors and ShareholdersStandard investment industry warnings about reading the prospectus would have done little good to investors in two Oppenheimer bond mutual funds, whose misleading statements cost the fund company $35 million in SEC sanctions.