The fund has a wide range of credit oriented securities that it can use on both a long and short basis to generate absolute (positive) returns over full market cycles. (mutualfundobserver.com)
Bonds also allow investors to reap the benefits of stocks by helping investors remaining invested through full market cycles. (blog.fundx.com)
Getting out of this trap starts with the clarity I've outlined — clarity around full market cycles, around investor time tolerance and around the need to evaluate performance over longer time periods. (mfs.com)