Nevertheless, transactions or trading fees are relatively high — especially for individual investors purchasing fixed income securities instead of fixed income investment funds. (bondmarketindexfund.com)
Adjustable rate mortgages should be used when their is a significant difference in the rate of a fixed rate mortgage and an adjustable rate mortgage. (flagstonemortgage.com)
This article about the high investment management costs of fixed income funds summarizes three studies. (bondmarketindexfund.com)