Savers and investors have long had two options for the bond portion of their portfolio. They could buy a portfolio of individual bonds, or they could buy one or more bond mutual funds. But recently a third option has become available that blends some of the best aspects of each into a single, easy-to-use ETF.
To better understand this new option, let’s briefly review the pros and cons of investing in individual bonds vs. investing in bond mutual funds.
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