Short-term bond fund

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Short-term bond fund

A bond mutual fund holding short to intermediate-term bonds that have maturities of three to five years.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Short-Term Bond Fund

A mutual fund that invests predominantly or exclusively in bonds with maturities of less than a few years. The idea behind a short-term bond fund is to provide a return at little risk (compared to other investments) that is nonetheless better than the risk-free rate of return.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
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The assignment of a 'AAAf' rating to the Florida Local Government Investment Trust - Short Term Bond Fund reflects:
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