short term bond funds
Does anyone have a feel for what will happen to short-intermediate term bond funds (eg Pimco total return) if interest rates start to rise. Certainly longer term bond funds will be very hard hit, but what about these shorter term funds that have excellent fund managers. Will there be a dramatic drop in share price or minimal? If one were to put 45% of a $400K portfolio in fixed income, what would you be comfortable with to get a reasonable return, with little/no downside risk of original amount invested?
Doing things today that others won't, to do things tomorrow that others can't. Of course I'm referring to workouts, not robbing banks.