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.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved