scholarly journals Don't Take Their Word for It: The Misclassification of Bond Mutual Funds

2021 ◽  
Author(s):  
HUAIZHI CHEN ◽  
LAUREN COHEN ◽  
UMIT G. GURUN
Keyword(s):  
Mutual Funds ◽  
Bond Mutual Funds

Active Share and Bond Mutual Funds

2020 ◽  
Author(s):  
Jaewon Choi ◽  
K. J. Martijn Cremers ◽  
Timothy Brandon Riley
Keyword(s):  
Mutual Funds ◽  
Bond Mutual Funds

Performances and Flows of Corporate-Bond Mutual Funds

2007 ◽  
Author(s):  
Roberto C. Gutierrez ◽  
William F. Maxwell ◽  
Danielle Xu
Keyword(s):  
Mutual Funds ◽  
Corporate Bond ◽  
Bond Mutual Funds

scholarly journals Measuring the timing ability and performance of bond mutual funds☆

2010 ◽  
Vol 98 (1) ◽  
pp. 72-89 ◽  
Author(s):  
Yong Chen ◽  
Wayne Ferson ◽  
Helen Peters
Keyword(s):  
Mutual Funds ◽  
Timing Ability ◽  
And Performance ◽  
Bond Mutual Funds

scholarly journals The performance of US bond mutual funds

2019 ◽  
Vol 61 ◽  
pp. 1-8 ◽  
Author(s):  
Andrew Clare ◽  
Niall O'Sullivan ◽  
Meadhbh Sherman ◽  
Sheng Zhu
Keyword(s):  
Mutual Funds ◽  
Bond Mutual Funds

The performance of global bond mutual funds

1999 ◽  
Vol 23 (8) ◽  
pp. 1195-1217 ◽  
Author(s):  
Miranda Lam Detzler
Keyword(s):  
Mutual Funds ◽  
Bond Mutual Funds

Corporate bond mutual funds and asset fire sales

2020 ◽  
Vol 138 (2) ◽  
pp. 432-457 ◽  
Author(s):  
Jaewon Choi ◽  
Saeid Hoseinzade ◽  
Sean Seunghun Shin ◽  
Hassan Tehranian
Keyword(s):  
Mutual Funds ◽  
Corporate Bond ◽  
Fire Sales ◽  
Bond Mutual Funds

Derivatives, Short Selling and US Equity and Bond Mutual Funds

2016 ◽  
Vol 06 (01) ◽  
pp. 1640002
Author(s):  
Kaveh Moradi Dezfouli ◽  
Lawrence Kryzanowski
Keyword(s):  
Mutual Funds ◽  
Family Size ◽  
Systematic Risk ◽  
Short Selling ◽  
Negatively Associated ◽  
Bond Funds ◽  
Equity Funds ◽  
Net Assets ◽  
Bond Mutual Funds ◽  
Fund Size

The use and effect of derivatives and short selling by US equity and bond open-end mutual funds are studied using a large and unique database. We find that the likelihood of their use is positively related to fund size, family size, and fund turnover for both fund types except for short selling by equity funds from larger families. Our findings suggest that funds that use derivatives exhibit significantly higher benchmark-adjusted performances based on both gross- and net-of-fees returns. This is done without adversely affecting market betas, net expense ratios (NERs), or brokerage fees as a proportion of total net assets (TNA). We find that for bond funds derivative use is negatively associated with non-systematic risk and short selling use is positively associated with total and systematic risk.

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