Bond mutual funds invest in portfolios of individual bonds, while stock funds invest in individual companies and group them together into a basket of securities. (capitaloneinvesting.com)
To counteract potential losses, Robinson encourages clients to replace medium - and long - term bond funds with short - to intermediate - term bond funds, laddered portfolios of individual bonds, or CDs. (thewealthadvisor.com)
If you own the bond fund that fell in value, you can sell it right after the fall and still buy the portfolio of individual bonds some say you should have owned to begin with (which, again, also fell in value!). (ritholtz.com)