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These Areas Hold Promise In Bonds After Topsy-Turvy Q1
FYI: Global bond funds outperformed U.S. domestic fixed-income funds as the Federal Reserve decided to go ahead with an interest-rate hike in March, surprising most market participants who expected it in June.
I looked at some random samples: PRSNX GLOBAL bond, past 3 months: 2.05% MAINX (Asia, but lumped into Global Bond categ. at M*: ) 1.83%. ..."The riskiest bonds outperformed sharply..." (Morningstar.)
TPINX 4.89% PHMIX (HY Munis:) 3.31% PREMX 3.29% FNMIX: 3.62% ...And then there's the more conservative and investment-grade stuff: LSIIX : 1.96% DLFNX 1.19% DODIX 1.11%
....So, yeah. This jives. I don't do ETFs, though, so...
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PRSNX GLOBAL bond, past 3 months: 2.05%
MAINX (Asia, but lumped into Global Bond categ. at M*: ) 1.83%.
..."The riskiest bonds outperformed sharply..." (Morningstar.)
TPINX 4.89%
PHMIX (HY Munis:) 3.31%
PREMX 3.29%
FNMIX: 3.62%
...And then there's the more conservative and investment-grade stuff:
LSIIX : 1.96%
DLFNX 1.19%
DODIX 1.11%
....So, yeah. This jives. I don't do ETFs, though, so...