Active managers are favored over index tracking in the bond market due to its complexity and diversity. Global flexible bond funds offer an all-weather strategy with wide-ranging investment opportunities. Investors must consider the expertise, track record, and risk management of the fund’s team before investing. Morningstar’s top picks include BGF Fixed Income Global Opportunities, Dodge & Cox Worldwide Global Bond, and Pimco GIS Diversified Income.

Read more at Morningstar: 3 Top-Rated Global Flexible Bond Funds