Bond Funds Post A Quarterly Increase For The First Time In 2018

by: Patrick Keon

Summary

The general domestic taxable fixed income funds macro-group gained 1.31%, driven higher by the High Yield Funds (+2.10%) and Loan Participation Funds (+1.66%) peer groups.

Investment-grade corporate debt funds (+0.40%) posted a gain for the quarter as each peer group within this macro-group recorded a positive return.

Government/Treasury funds retreated 0.50% on average as General U.S. Treasury Funds (-1.68%) weighed the group down.

Municipal debt funds lost -0.14% on average, as both single-state(-0.23%) and national muni debt funds (-0.04%) finished in the red.

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