FYI: Oil prices collapsing below $30 a barrel has led to a “meltdown” in junk bonds in the first half of December, but nontraditional bond funds’ poor performance in November may have portended the selloff. After posting aggregate gains of 0.73% in October, Morningstar’s nontraditional bond fund category lost 0.39% in November, and the worst-performing fund fell by more than 6%.
Regards,
Ted
http://dailyalts.com/nontraditional-bond-funds-novembers-best-and-worst/