The takeaway here is that there can be no single fund that can be the best for times and all market events. Investors would be better served to focus on their fund's vulnerabilities in order to perhaps take action.
Interest rates may not go up for many years; that is certainly the Federal Reserve's intention. Holders of SPLV need to realize this drawback, pay attention to when rates do start to rise and then consider whether selling in the face of rising interest rates is suitable for them.
At the time of publication, the author had no positions in any of the products mentioned.
This article is commentary by an independent contributor, separate from TheStreet's regular news coverage.