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Author Topic: Re: Why is the Franklin Income Fund Dropping?  (Read 1344 times)

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Re: Why is the Franklin Income Fund Dropping?
« on: July 31, 2007, 05:01:16 AM »
Re: Why is the Franklin Income Fund Dropping?
 



  This is one reason to not own open-end bond funds. A closed-end
 fund can sweat out a short term decline (okay, a rout in this case),
 whereas an open-end fund like the Franklin under discussion has to
 dump its holdings as investors sell (thus adding to the carnage).
 Fact is, corporate bond spreads have been lower than normal for
 
 

http://groups.google.com/group/misc.invest.stocks/msg/2dab881e1fb6c94d
 
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