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Bond Funds

'Bond fund' and 'income fund' are terms used to describe a type of investment company (mutual fund, closed-end fund, or Unit Investment Trust (UIT)) that invests primarily in bonds or other types of debt securities. Depending on its investment objectives and policies, a bond fund may concentrate its investments in a particular type of bond or debt security—such as government bonds, municipal bonds, corporate bonds, convertible bonds, mortgage-backed securities,... : Bond Funds

Understanding Bond Funds

What is a Bond Fund? Advantages of Bond Funds Risks of Bond Funds Performance of a Bond Fund Bond funds provide investors with important features like monthly income, portfolio diversification, professional money management, and daily liquidity. What is a Bond Fund? A bond fund pools money from many investors to buy individual bonds that meet the fund's investment objective. Each bond fund is professionally managed, and is categorized based on the ty... : Understanding Bond Funds

Falling Oil Hits Europe; Dollar Bounces

By William Kemble-Diaz LONDON (Reuters) - Most European stock markets followed Wall Street lower Wednesday as crude oil's slide to three-month lows hit heavily weighted oil shares, although a recovering dollar was a plus for the region's exporters. U.S. light crude, at around $40.75 a barrel, has now fallen by around 27 percent from October's all-time high, spurring producer calls f... : Falling Oil Hits Europe; Dollar Bounces

Bear Stearns may face SEC action on funds

NEW YORK (Reuters) - Bear Stearns Cos. (BSC.N: Quote , Profile , Research ) , a Wall Street investment bank, on Wednesday said it faces a possible U.S. Securities and Exchange Commission enforcement action and fine over improper mutual fund trading. The company said the agency has authorized staff to bring an enforcement action against the company and its Bear Stearns Securities Corp. unit. It said this could lead to the repayment of ill-gotten gains, c... : Bear Stearns may face SEC action on funds

America West, US Air get new funds

NEW YORK (Reuters) - The proposed merger of US Airways Group Inc. (UAIRQ.OB: Quote , Profile , Research ) and America West Holdings Corp. (AWA.N: Quote , Profile , Research ) has received a new pledge of $150 million from an investment firm, the Wall Street Journal reported on its Web Site on Sunday. According to the newspaper, which obtained the information from a filing with the U.S... : America West, US Air get new funds
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