Bond Mutual Funds - Boca Raton, Florida FINRA Arbitration Attorney

Boca Raton, West Palm Beach and Delray Beach, Florida Unsuitable Investment - Bond Mutual Funds

Bond Mutual Funds - Are They a Suitable Investment for You?

Bond Mutual Fund:

A bond mutual fund is a mutual fund that holds bonds. Every bond mutual fund is offered by prospectus. The prospectus describes the investment objectives of the fund, the risk associated therewith and the asset mix. For example, bond mutual funds may specialize in a particular kind of bond, such as corporate, government, high yield, convertible, mortgage-backed, municipal, foreign, or zero-coupon bonds. Other bond mutual funds will buy some or all of these kinds of bonds. Most bond mutual funds are designed to produce current income for shareholders. Bond funds also produce capital gains when interest rates fall and capital losses when interest rates rise. Unlike the bonds in these funds, the funds themselves never mature.

There are two types of bond mutual funds: opened-end and closed end. Open-end funds continually create new shares to accommodate new money as it flows into the funds and they always trade at net asset value. Close-end funds issue a limited number of shares and trade on stock exchanges.

Please keep in mind that this information is being provided for informational purposes only. It is not designed to be complete in all material respects. Thus, it should not be relied upon as legal or investment advice. It the reader has any questions concerning the contents of this post, please consult a qualified professional.

Contact Us:

With extensive courtroom, arbitration and mediation experience and an in-depth understanding of elder abuse, exploitation and securities law, our firm provides all of our clients with the personal service they deserve. Handling cases worth $25,000 or more, we represent clients throughout Florida and across the United States, as well as for foreign individuals that invested in U.S. banks or brokerage firms. Contact us to arrange your free initial consultation.

At the Boca Raton Law Office of Russell L. Forkey, we represent clients throughout South and Central Florida, including Boca Raton, West Palm Beach, Boca Raton, Sunrise, Plantation, Coral Springs, Deerfield Beach, Pompano Beach, Delray, Boynton Beach, Hollywood, Lake Worth, Royal Palm Beach, Manalapan, Jupiter, Gulf Stream, Wellington, Fort Pierce, Stuart, Palm City, Jupiter, Miami, Orlando, Maitland, Winter Park, Altamonte Springs, Lake Mary, Heathrow, Melbourne, Palm Bay, Cocoa Beach, Vero Beach, Daytona Beach, Deland, New Smyrna Beach, Ormand Beach, Broward County, Palm Beach County, Dade County, Orange County, Seminole County, Martin County, Brevard County, Indian River County, Volusia County and Monroe County, Florida. The law office of Russell L. Forkey also represents South American, Canadian and other foreign residents that do business with U.S. financial institutions, investment advisors, brokerage and precious metal firms.