Active Fixed-Income Funds Outperforming Passive Peers
This article was originally published on ETFTrends.com.
The latest Morningstar data revealed that on average, most actively-managed bond funds in the intermediate-term bond category outperformed their passive peers through the end of 2017 based on durations of one-, three- and five-year periods. Rising interest rates have presented a challenge for passively-managed funds, which may exclude a significant portion of the investable debt [...]