By Gail MarksJarvis | Investors, who saw supposedly safe bond funds turn cruel during the mortgage-related financial mess, have received another victory. U.S. District Judge William Alsup sided with investors in a case against Charles Schwab Yield Plus Ultrashort Bond Fund (SWYSX). 

Ultrashort bond funds are supposed to be mild-mannered funds that don’t pose much danger to investors, and the materials investors were given for the Schwab fund suggested it would not subject them to much risk.

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