​ More on Recent Declines in Some Ultra-​Short Bond and Bank Loan Funds. We wrote Friday about some money fund competitors being hurt by the recent mini-​panic, while money funds have withstood the storm. The Wall Street Journal Sunday writes about the same topic in "​Some '​Safer' Funds Miss the Mark". "Many holders have recently bailed out of ultrashort and bank-​loan funds. Other investors may want to stick it out.... But they'​ve clearly seen that investments that promise attractive yields, but still tout themselves as conservative, are almost always riskier than stalwarts like money-​market funds and certificates of deposit. The piece adds, "​While any significant losses from these supposedly stable funds count as something of a failure, many funds do not hold subprime mortgages at all."

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