BIT - GOF - The Popular Fund You Should Not Marry Into Your Portfolio
Please Note: This article was first published for Income Idea subscribers on Thursday along with additional analysis and implementation ideas. All data in this article is as of 5/2/2018.
I have generally been a fan of actively managed funds where the management team has the flexibility to invest in a variety of asset classes where they best see fit, in line with the investment policy statements laid out in the prospectus documents.
For those reasons, many of my client portfolios will typically include a "strategic income" fund of some sort for fixed income investors.