Active Fixed-Income Funds Outperforming Passive Peers

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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 [...]

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