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M*: 3 Good Funds with Big Credit Risks

FYI: Don't expect funds that have fared well during the rally to hold up during a correction
Regards,
Ted
http://news.morningstar.com/articlenet/article.aspx?id=652086

Comments

  • o...m...g --- Eaton Vance Floating Rate has AUM of 143B?
    That's obscene! Why would they let that happen?
  • heezsafe said:

    o...m...g --- Eaton Vance Floating Rate has AUM of 143B?
    That's obscene! Why would they let that happen?

    I think that might be a poorly written sentence by M*. I think they're trying to say the bank-loan category has $143B in it, not necessarily EVBLX.
  • After reading this article, I'm wondering if it is a good idea to have a dedicated bank loan fund as part of a bond portfolio. Currently, I own EAFAX (load waived) but starting to think it has nowhere to go but down. It's been stagnant for most of the year. I bought it for diversification of my bond portfolio and the 4% yield. I'm thinking I can get the yield somewhere else in a less credit-risky type fund.
  • edited June 2014
    Good Fund. With Risk. Why not just by Profunds Ultrabull?

    I give up.
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