The firm has stabilized since then, with manager retention rising precipitously and with fund closures falling markedly. This share class is in the cheapest quintile of its Morningstar Category.

The risk-adjusted performance only continues to make a case for this fund. The share class led the index with a higher Sharpe ratio, a measure of risk-adjusted return, over the trailing 10-year ...

Enter the high yield bond fund—an investment option that promises impressive cash flow, a relatively high degree of price stability and instant diversification. Although sometimes called “junk ...