Introduction to Using Quirky Bond Funds

There are all kinds of funds that can add value to a portfolio: growth funds and value funds, focused and flexible funds, even sector funds. But let's not forget about bond funds.

We'll talk about more than your grandmother's T-bills here; we'll explore high-yield bond funds, bank-loan funds, and Treasury inflation protected bond funds. These funds are designed to stamp out some of the interest-rate or inflation risk that may lurk elsewhere in your portfolio. You can also buy them to pick up some extra return.