Craig Bolanos, CEO of Wealth Management Group, says he prefers actively managed bond funds because a strong manager can add value. The manager of the T. Rowe Price Emerging Markets Bond Fund, Michael Conelius, has helmed the fund for more than 20 years. Bolanos includes this emerging-market bond fund in clients’ portfolios because of the higher yields and the exposure to growing economies. He says PREMX gives investors income along with the opportunity for appreciation. “Those are the two components of why the emerging-market bond fund fits a part of someone’s portfolio,” Bolanos says. PREMX has a yield of 4.76% and an effective duration of 8.35 years. PREMX has the highest expense ratio among the funds on this list, at 0.87%.
*The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All investing involves risk, including loss of principal. No strategy assures success or protects against loss.