Morningstar’s bond indexes were created with an emphasis on providing tools for better portfolio construction. In particular, they were built with a focus on maintaining the right balance between comprehensive coverage of the bond market and ease of investability.
Our indexes offer a clear and self-evident hierarchy with a non-overlapping structure. They’re ideal tools for performance benchmarking, as discrete portfolio building blocks, and in asset allocation models. Morningstar’s bond indexes are also distinguished by the availability of a broad array of performance, sector, and risk analytics, helping investors avoid concentration risk and achieve intended portfolio diversification. |
