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Investment-grade bonds |
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Investment-grade bonds A bond that is assigned a rating in the top four categories by commercial credit rating companies. S&P classifies investment-grade bonds as BBB or higher, and Moody's classifies investment grade bonds as BAA or higher. Related: High-yield bond. |
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| Some bond funds can only put their money into investment-grade bonds. But Met West also manages a portfolio of $12 billion in investment-grade bonds, and another portfolio of $1. Designed for long-term investors seeking current monthly income or portfolio diversification, the Westcore Plus Bond Fund seeks long-term total rate of return, consistent with preservation of capital, by investing primarily in investment-grade bonds of varying maturities. |
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Investment-grade bonds
