A mutual fund which invests in debt securities only, e.g., debentures, debenture warrants, government bonds, bank deposits, bills of exchange. It mainly earns interest revenues, and returns on investment are lower, but more stable than those of an equity fund.
A mutual fund that invests primarily in assets that pay a fixed dollar amount, such as bonds and preferred stock.
a mutual fund with a portfolio of bonds, CDs, or other fixed-income investments
A collective investment scheme that invests in bonds, CDs, preferred stock, or other fixed-income instruments.
A mutual fund that seeks current income by investing in fixed-income securities such as bonds, sometimes referred to as a “fixed option”.
A mutual fund that invests in bonds, CDs, preferred stock, or other fixed-income instruments.
A mutual fund that invests in bonds and other fixed-income securities to provide shareholders with current income and to preserve capital.
Another term for a mutual bond fund.
A fixed income fund is a mutual fund which invests in a pool of bonds. While bonds generally pay a fixed rate of interest, the income paid by a bond fund will fluctuate as individual securities are added to or subtracted from the pool. In addition, fixed income funds are subject to changes in net asset value due to the changing market conditions. Like individual bonds, fixed income funds will tend to increase in value during times of declining interest rates and will generally decrease in value when interest rates rise. There are a wide range of fixed-income funds to choose from, each with its own investment objectives. These objectives range from stability of principal, to maximum yield, to tax-free income.