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The New Bond Market: Some Funds Are Not as Liquid As They Appear

FYI: (Click On Article Title At Top Of Google Search)
Some of the largest U.S. bond mutual funds have invested 15% or more of their money in rarely traded securities, a practice that runs counter to long-held Securities and Exchange Commission views on the funds, an analysis by The Wall Street Journal shows.
Regards,
Ted
https://www.google.com/#q=The+New+Bond+Market:+Some+Funds+Are+Not+as+Liquid+as+They+Appear+wsj
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