Bond mutual funds
We have a chunk of cash sitting around doing nothing both in & out of IRAs. I am considering 3: Fidelity GNMA Fund (FGMNX), Fidelity Floating Rate High Income Fund (FFRHX), and PIMCO Real Return CL D (PRRDX).
We use Fidelity, no surprise given the list. I we are 70+ so mutual funds would work better for us than bonds themselves. And, as we are in the withdrawal phase of our lives I want to minimize risk (particularly principal risk) in this portion of our investments.
My thought is to divvy the pot among these three.
Am I overlooking anything similar that is better?