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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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