Currency risk can make your international bonds go wild.
It’s most likely to appear in more-aggressive strategies, so mind your manager’s approach.
Templeton Global Bond's high-conviction approach amplifies the potential risk as well as reward in the short run.
Our FIEA tool allows you to dissect funds in multiple ways, offering an eye-opening look under the hood.
Some areas have provided safety, others pain.
Karin Anderson discusses some choices from the core and core-plus intermediate-term bond category.
The acquisition will create a $1.5 trillion asset manager.
This strategy’s freewheeling style makes it a better fit in the nontraditional bond Morningstar Category.
Morningstar's Karin Anderson discusses new fixed income research on how asset managers are approaching sustainable fixed-income funds.
Franklin Templeton's Sonal Desai on the lack of recession signs, trade skirmishes, and where the dollar is going.
MetWest Unconstrained Bond is focused on credit, which the team has done well with long term.
A rough year for emerging markets got worse when Turkey's lira plummeted, but how far the contagion could spread is still an open question.
It’s been tough sledding for core bond funds that ventured into emerging-markets debt.
Backed by a seasoned team practicing a value strategy, Bronze-rated Metropolitan West Low Duration Bond has dialed down risk.
Penny Foley of TCW Emerging Markets Income discusses the emerging-markets' debt spectrum and the fund's allocation to EM local debt.
Morningstar analyst Karin Anderson discusses what's driven performance this year and why investors should consider the category.
Passive core bond funds have some advantages, but don’t expect protection when interest rates rise.
It’s been a tough month for these bonds, but it’s a small allocation for most emerging-markets bond funds.
Courting ample currency and credit risk, Silver-rated Templeton Global Total Return shuns interest-rate risk, given skipper Michael Hasenstab's concerns about global inflation.
As default looms, some emerging-markets bond managers are cautiously hanging on.
Heavy credit or currency risk can make for more equitylike returns.
TCW Emerging Markets Income and T. Rowe Price Emerging Markets Bond have used their ability to invest in dollar and local currency bonds wisely.
Templeton Global Macro Group's Sonal Desai sees a confluence of factors that could push prices higher than markets are currently expecting.
The changes include two newly created roles in the multiasset and alternatives groups.
The managers of Metropolitan West Total Return Bond continue to steer the fund in a predictable fashion even as assets have soared since Bill Gross’ departure from PIMCO.
We’re maintaining our Gold rating on Michael Hasenstab's fund, which is among the boldest world-bond funds we cover.
Global mandates and bets that yields could fall even further below zero have led to fund managers buying negative-yielding bonds from Japan, France, Germany, and Switzerland.
Japanese government bonds' big role in global-bond indexes make them hard to avoid.
This dedicated emerging-markets bond fund takes on some big credit bets, but has less volatility than a local currency fund, says Morningstar's Karin Anderson.
TCW's Laird Landmann discusses why he likes nonagency mortgages, what others are missing in the emerging-markets debt story, and where he thinks interest rates are headed.
Massive mispricing in Mexico and Brazil have created investment opportunities even in the face of rising rates, says Franklin Templeton’s Michael Hasenstab.
Templeton Global Bond has suffered weak performance lately, but we're maintaining the fund's gold rating, says Morningstar's Karin Anderson.
John Carlson of Silver-rated Fidelity New Markets Income explains why being focused on U.S. dollar-denominated bonds has served the fund well.
Investors need to carefully consider various currency, interest-rate, credit/default, and geopolitical risks before jumping into this steadily growing category.
PIMCO's Bronze-rated Global and Foreign Bond funds--available hedged or unhedged--are run by the same successful management team and have done well versus similar peers and their benchmarks.
Three approaches to currency management drive different risk/reward profiles.
Investors should be aware of the currency risk and emerging-markets exposure before investing, as those factors can greatly impact the fund's risk/reward profile.
Third-quarter sell-off causes a wide dispersion of returns between local- and hard-currency-focused funds.
Emerging-markets stakes run the gamut.
With a potential Grexit looming, we take a look at Greece exposure across equity and fixed-income funds.
Uncertainty over interest rates, frothiness among higher-yielding issues, and liquidity risk are reasons to be cautious, says MetWest's Laird Landmann.
Silver-rated Fidelity New Markets Income takes a time-tested approach to investing primarily in dollar-denominated emerging-markets debt.
Why they're attractive, the four variations, and why investors should take a strategic rather than a tactical approach with these funds.
Morningstar checks in on the TCW/Metropolitan West crew following the bond world shakeup caused by Bill Gross' departure from PIMCO.
A growing but still risky group.
Silver-rated TCW Emerging Markets Income has adeptly navigated a variety of market conditions.
Russia's troubles highlight emerging-markets bond fund risk.
Ample in variety and in new offerings.
Concerns about Chinese growth, Russia, and global liquidity have driven the prices of several quality stocks to appropriate buying levels, says Oppenheimer manager Justin Leverenz.
Short-sighted panic-selling has offered good opportunities to buy Ukraine's dollar-denominated government bonds, which are backed by solid fundamentals, says Templeton Global Bond manager Michael Hasenstab.