Ultra-short-term bond fund

(redirected from Ultra Short Term Bond Fund)

Ultra-short-term bond fund

A mutual fund that invests in bonds with very short maturity periods, usually one year or less.

Ultra-Short-Term Bond Fund

A mutual fund that invests exclusively in bonds with a maturity of one year or less. Like all bond funds, it carries fewer risks than other mutual funds, but it may still be risky if it invests in short-term junk bonds.
References in periodicals archive ?
US Emerging Growth, Strong Short term Income - Short Term Bond, Strong Advantage Fund - Ultra Short term Bond Fund, and Nations Fund Inc.