Investing is often a reminder that there are no free lunches. For market participants to get something, they have to give up something, too.
Advisors and experienced investors know that whether its individual bonds or bond ETFs, fixed income investing is a long-term pursuit. In most cases, bonds just aren't going to deliver short- or medium-term results comparable to riskier assets.
To the dismay of advisors and fixed income investors, the words “clear” and “overt” seem to have left the Federal Reserve's lexicon. However, there are avenues for investors looking for the combination of elevated income and reduced rate risk.