So is it the obscurity and high fees that make them bad, or are they inherently unfavorable to individual investors? If you removed the obscurity, high fees, commissions, etc. would they still be bad?
And, "earnings failed to meet forecasts." Or, so much for assuming responsibility for crappy forecasting.
Can't get excited about bond funds
They say they mimic the s&p 500 but weight it equally instead of the cap based