flexible income fund(redirected from Flexible Income Funds)
Flexible Income Fund
A bond fund that invests in many different types of bonds. For example, a flexible income fund may include U.S. Treasury securities, investment-grade corporate bonds, and junk bonds in its portfolio. The goal of a flexible income fund is to create a diversified portfolio with higher yields than the risk-free yield.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
flexible income fund
A mutual fund that invests in several types of bonds, including high-yield corporate bonds, foreign bonds, and U.S. government bonds. Flexible income funds attempt to earn high current returns without being subject to the risks of a single segment of the bond market.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.