Go-anywhere bond funds not for the faint of heart
Managers' ability to seek returns in multiple markets sounds great but comes with risks
The closer the Fed gets to raising interest rates, the better the notion of an unconstrained bond fund sounds.
Why hide out in cash and short-term bond strategies while waiting for higher yields when you can invest in a fund that has the flexibility to go virtually anywhere throughout the $56 trill
Learn more about reprints and licensing for this article.