Understanding Bond Fund Yields

Understanding Bond Fund Yields
A bond fund’s yield is just one piece of the puzzle. Dreamstime/TNS
Tribune News Service
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Nellie S. Huang Kiplinger’s Personal Finance

Now that bonds offer decent yields, investors have been barreling into fixed-income mutual and exchange-traded funds. But a bond fund’s yield is just one piece of the puzzle when you’re considering an investment in the fund.