Following a three decades-long bull market in bonds, ever increasing numbers of retirees are seeking additional income from conservatively positioned portfolios. This has led to an increasing number of fixed income fund options with a go-anywhere philosophy.
Commonly referred to as unconstrained bond funds, these funds comprise a unique and growing category in the normally staid bond mutual fund space; they bear consideration from advisors who are accustomed to selecting fixed income products positioned around an index.
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