This presentation will take a dive into the next layer of metrics that are as important to a bond fund’s performance as the standard metrics such as yield and duration. The goal will be to educate you on these topics so you can better understand how a bond fund has been constructed, what the portfolio manager is attempting to achieve and, most importantly, what risks have been incurred to achieve it. Not all bond funds are alike and unfortunately not all funds are as advertised. By knowing the right questions to ask, investors can have more confidence in their own portfolio construction process.
The views expressed are as of the date indicated and may change based on market or other conditions. Unless otherwise noted, the opinions provided are those of the speaker or author, as applicable, and not necessarily those of Fidelity Investments. The experts are not employed by Fidelity but may receive compensation from Fidelity for their services.