Using the core-plus approach gives you the tactical approach to be able to “move where the puck’s going,” says Jeff Moore, a fixed income portfolio manager with Pyramis Global Advisors.

This approach gives you access to all the bond market tools, which allows you to add some yield to the portfolio and still control risk.

Read: The case for core-plus

“Your bond portfolio should be a low-volatility portfolio. We don’t want to mess with that. But, at the same time, we need to get that extra total returns, that’s what matters.” A core-plus portfolio can do this.

Find out what else Moore has to say on this topic.