Still Own the ‘Safe' Bond Fund That Lost 13% in 2022? These 3 ETFs Do the Job It Was Supposed To

A “safety net” fund meant for retirees produced a loss in a bad year that many investors still haven’t recovered from. The article attributes the failure to its design, specifically pointing toward three replacement structures intended to better withstand adverse rate moves. The message is cautionary on rate-risk management for income/defensive fixed-income portfolios, but with no specific performance figures cited here.