Reference Entry

high-yield fund

Peter Moles and Nicholas Terry

in The Handbook of International Financial Terms

Published in print January 1997 | ISBN: 9780198294818
Published online January 2005 | e-ISBN: 9780191727245
high-yield fund

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A fixed-interest fund or portfolio which invests in high-yielding securities, typically which are below investment grade (cf. junk bonds).

Reference Entry.  21 words. 

Subjects: Financial Institutions and Services

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