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What's a good turnover percentage for a bond index fund?

I understand that they're higher than other funds b/c they're constantly maturing out, but how high is too high? In particular I'm considering SWAGX, but a 53.65% turnover sounds high to me.

Would someone here please provide some insight for me? This will be my first bond fund purchase and I'm trying to understand the particulars. (Thanks in advance!)



Submitted January 22, 2022 at 01:47AM by AllUpInMine https://ift.tt/33VFNWM

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