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. 2012