Fixed-income fund investors are seeking any advantage they can find in this low interest rate environment.
Are you interested in the closing price of Indonesia's Asia Tetap Berbunga fixed-income fund?
One European fixed-income fund manager said his firm didn't participate in the deal because the bond was too expensive and his company already owns a number of Turkish bank bonds.
"In the near future, investors cannot assume that bailouts will continue, " says Cai Yiyi, who manages fixed-income investments at Rongtong Fund Management in Shenzhen.
Fixed-income giant BlackRock is getting together a similar fund.
Its bond, or fixed-income, investments returned 6.7% to the fund.
Eric Jacobson, director of fixed-income research at Morningstar, says investors should consider using this fund as an add-on to their bond portfolio rather than a core holding.
"We see February as a pause rather than something to be concerned about, " said Emma du Haney, senior fixed-income product specialist at Insight Investment, a London-based fund manager.
Gyrating 401(k) and IRA retirement fund balances and the low yields from fixed-income investments also have those approaching retirement or who have just entered it flocking to financial advisers for help in deciding upon how to allocate their portfolios to limit risk.
Over the past decade, as fixed-income rates and stock dividends have shrunk, the ranks of cash-strapped trust fund babies have grown ( see story, p. 60).
The growth in fixed-income ETF investing is expected to continue as more investors and advisors convert from active management to index fund investing.
Looking to shore up confidence, the pool's directors hired fixed-income giant BlackRock (nyse: BLK - news - people ) to analyze the troubled fund and take over management for a 90-day period.
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