Bond mutual fund

(redirected from Bond Funds)

Bond mutual fund

A mutual fund which primarily or exclusively holds bonds.

Bond Mutual Fund

A mutual fund that invests exclusively in bonds. It pays dividends based on coupon payments and maturities of the bonds. A bond mutual fund tends to yield more than a money market or certificate of deposit, and it pays dividends more often than an individual bond. Bond mutual funds may be composed of convertible, corporate, treasury, mortgage, or municipal bonds, or some combination of the five. They may also be classified by average yield, or by length of time before maturity.
References in periodicals archive ?
M2 EQUITYBITES-July 1, 2014-Eaton Vance Closed-End Municipal Bond Funds declares monthly distributions of 13 funds
Year-to-date flows into EPFR Global-tracked bond funds moved over the $270 billion mark during the week ending August 18 as the prospect of lackluster growth in major economies pummeled the world's equity markets, according to EPFR.
Bond funds may be appropriate for clients who know exactly why they are investing and what they expect to get.
Municipal bond funds may be a cure for tax headaches
Whatever the reason, convertible bond funds are worth considering.
Bond funds are simply an indirect way of owning marketable debt securities, which include the U.