Bonds & Mutual Funds
Bonds & Mutual Funds
Bonds & Mutual Funds
Bonds & Mutual Funds
100
Are bonds issued at the same time but which mature on different dates.
Serial Bonds
100
Sometimes referred to as a secured bond, is a bond that is backed by the assets of a corporation.
Mortgage Bond
100
Is a bond registered in the owners’ name by the company that issues the bond.
Registered Bond
100
Is a bond that does not produce interest payments.
Zero-Coupon Bond
200
Sometimes called a muni, is a security issued by a state or local government to pay for its ongoing activities.
Municipal Bonds
200
Is a bond that is not registered in the investor’s name.
Bearer Bond
200
Is a mutual fund with a fixed number of shares that are issued by an investment company when the fund is first organized.
Closed-End Fund
200
Are bonds that are issued by financially stable companies or municipalities.
Investment Grade Bonds
300
Is a mutual fund with an unlimited number of shares that are issued and redeemed by an investment company at the investors’ request.
Open-end Fund
300
Is the rate of return, usually stated as a percentage, earned by an investor who holds a bond for a certain period of time.
Yield
300
Is a mutual fund that has no commission fee.
No Load Fund
300
Is the amount that one share of a mutual fund is worth.
Net Asset Value (NAV)
400
Are the earnings a fund pays to shareholders.
Income Dividends
400
Is a mutual fund for which you pay a commission every time you buy or sell shares.
Load Fund
400
Is the dollar amount that the bondholder will receive at the bond’s maturity.
Face Value
400
Is a bond that an investor can trade for shares of the corporations’ common stock.
Convertible Bond
500
The date when a bond will be repaid.
Maturity Date
500
Is a bond that is backed only by the reputation of the issuing corporation, rather than its assets.
Debenture
500
Is a fund to which a corporation makes deposits for the purpose of paying back a bond issue.
Sinking Fund
500
s a bond that is registered in the owners’ name for only the face value and not for interest.
Coupon Bonds
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