December 8, 2011

Morningstar: FPNIX Among Alternatives to Unconstrained Bond Funds

Morningstar's 'Fund Spy' column today carries an edited version of Russ Kinnel's November Morningstar FundInvestor column 'The Contrarian' noting FPA New Income among "very successful less-constrained bond funds" offering an alternative to PIMCO's Unconstrained Bond fund ("Constrain Your Enthusiasm: Unconstrained bond funds have gotten off to a tepid start"). See the story here.