Author Topic: Recommend Bond Mutual Fund that doesn't live in red?  (Read 507 times)

Unionville

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Recommend Bond Mutual Fund that doesn't live in red?
« on: July 12, 2022, 02:51:02 PM »
(I assume this question has been asked before, but I did a search on MMM but everything is dated 6 years ago). 

It seems like all bond mutual funds have been in the red for the last 5 years.  Anyone recommend one that isn't horrible? Trying to balance out a portfolio with low risk/Bond category. Ideally a Fidelity or Schwab fund - but will look at any.  What about corporate bonds funds instead (assuming there is one)?
« Last Edit: July 12, 2022, 07:23:52 PM by meteor »

Rob_bob

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Re: Recommend Bond Mutual Fund that doesn't live in red?
« Reply #1 on: July 12, 2022, 07:04:59 PM »
Use a short duration fund, I used to use Vanguard BSV.  The only bonds i have now are in a couple closed end funds.

lutorm

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Re: Recommend Bond Mutual Fund that doesn't live in red?
« Reply #2 on: July 12, 2022, 11:56:00 PM »
I've moved my bond positions into 6-month T-bills. You might be giving up some yield, but you're safe against interest rate hikes dropping the value of existing bonds since you'll just hold until maturity.

I'm doing this because we're <1y away from FIRE. If we were still in the accumulation phase, I'd probably be in all equity.