Targeted bond funds?
Targeted bond funds?
I've been reading more and more about "targeted bond funds," which, ostensibly, combine the best of bond mutual funds and bond ladders. I was wondering if people have any opinion of, or experience with, the subject. Are they worth considering, assuming the cost is low?
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Re: Targeted bond funds?
Doesn't seem very diversified... you only hold bonds expected to hit maturity the same year. Best to buy TBM or Intermediate/short-term bond index funds that hold a vast collection of bonds.