A bond fund is a mutual fund or exchange-traded fund that buys debt assets to produce regular monthly income for its investors.
A bond fund invests primarily in bonds (government, corporate, municipal, convertible) and other debt instruments to generate monthly income. Read the full blog.
A total bond fund is a mutual fund or exchange-traded fund that seeks to replicate a broad bond index.
Junk bonds are debt securities rated poorly by credit agencies, making them higher risk (and higher yielding) than investment grade debt.
A trust fund is a legal entity that holds and manages assets on behalf of beneficiaries. The benefits of a trust depend on whether it's revocable or irrevocable.
A hedge fund is a pool of money that is invested in stocks and other asset classes using aggressive and relatively risky strategies to maximize profits.
A government bond is issued at the federal, state, or local level to raise debt capital.
A municipal bond fund is a fund that invests in municipal bonds—state or local government-issued short-term debt instruments used to fund capital projects.
A bond is a fixed-income investment that represents a loan made by an investor to a borrower, usually corporate or governmental.
A strip bond is a bond where both the principal and regular coupon payments—which have been removed—are sold separately.