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high-yield bond fund

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high-yield bond fund
An investment company that attempts to produce unusually high income for its shareholders by maintaining a corporate bond portfolio that contains at minimum two thirds lower-rated bonds (Baa by Moody's; BBB by S&P).
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IN the eyes of high-yield bond fund manager Margaret Patel, stocks are the place to be in 2005.
Riding two horses by Currier, Chet / Los Angeles Business Journal
Analysts say that the average high-yield bond fund has just over 8% in bonds rated below B, making the Dreyfus fund quite risky.
Supercharged performance by Bradford, Melissa / Black Enterprise
NEW YORK -- The Aquila(SM) Group of Funds, known for its strategic investment opportunities, has partnered with Three Peaks Capital Management, LLC and its well-known high-yield bond fund manager Sandy Rufenacht to launch Aquila Three Peaks High Income Fund.
Aquila and Former Janus Manager Launch a High-Yield Fund by Business Wire
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