Weighted Average Credit Rating

Weighted Average Credit Rating

The average credit rating of the bonds in a bond fund or a portfolio consisting entirely of bonds. This credit rating is weighted for the percentage each bond represents in the fund or portfolio. As with individual bonds, the higher a bond fund's weighted average credit rating, the less risk and the lower return it carries.
References in periodicals archive ?
The power purchase agreements in the acquired portfolio have a weighted average remaining contract life of 19 years with a weighted average credit rating of A3/A-.
The Fund's weighted average credit rating remains unchanged at B2/BBB.
The portfolio's power purchase agreements have a weighted average remaining contract life of 19 years with a weighted average credit rating of A3/A-.
The fund remains relatively defensively positioned with the weighted average credit rating remaining unchanged at A3 and a modified duration of 3.
Full browser ?