Meaning of HIGH-YIELD BOND FUNDS in English

HIGH-YIELD BOND FUNDS

Risky bond mutual funds that invest in high-yield bonds of companies with poor credit ratings. The bonds are rated below triple B by Standard ST Poor's and Moody's. Also known as junk bond funds.

Mutual Fund English Glossary.      Английский глоссарий взаимных и инвестиционных фондов.