|Expense Ratio (net)||0.67%|
|Morningstar Risk Rating||★★★|
|Last Cap Gain||0.00|
|Inception Date||Mar 31, 1997|
|Average for Category||N/A|
More flexible mandates for bond funds may offer more investment options, but it also may introduce complications, managers say.
The cost is often higher volatility.
We review positioning and asset allocation and recap 2016 portfolio performance.