This paper employs data on corporate bond mutual fund flows to investigate bond investments under low interest rates …. In response to the Fed’s lower interest rate policy, we find that investment-grade bond funds receive inflows, while high …-yield bond funds are not responsive. This result can not be explained by investors’ incentive to reach for yield, but by the …

The focus of this review is to exhibit a thorough analysis of prominent aspects in bond funds literature and their … the visualizing patterns to capture the fact-based insight into trending themes in the amphitheater of bond funds. The … review further explicitly identifies three research fronts, i.e. performance measures, risk approaches, and bond fund flows …

Does leverage drive investor ows in bond mutual funds? Leverage can increase fund returns in good times, but it can … also magnify investors' losses and their response to bad performance. We study bond fund ows to provide new evidence for … findings suggest that leverage amplifies fragility in the bond mutual fund sector. …