Here's How You Can Avoid Losing Money in Bond Investing

The FPA New Income Fund (FPNIX) - Get Report  has not lost money in a calendar year since 1984 and portfolio manager Tom Atteberry plans to keep it that way by keep his duration short, his yield substantial and his portfolio consistently turning over. 'We have a heavy concentration of bonds backed by consumer loans and equipment loans, so every quarter five percent to seven percent of the portfolio amortizes off and that gives us the ability to have cash coming back to reinvest,' said Atteberry. The FPA New Income Fund is up 0.6 percent thus far in 2016, according to fund-tracker Morningstar.