Bond Fund

MarketWatch  Mar 14  Comment 
The Angel Oak Multi Strategy Income Fund has about 62% of its assets in discounted mortgage-backed securities issued before the credit crisis.
The Hindu Business Line  Mar 10  Comment 
The fund’s active management of duration has helped it participate in bond rallies
MarketWatch  Feb 22  Comment 
Interest rates may be rising in the U.S., but that’s no problem for Ken Leech of Western Asset Management.
Financial Times  Jan 26  Comment 
Experts say fixed income funds are riskier than investors might think


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Bond Fund

A fund invested primarily in bonds and other debt instruments.. A bond is a long term promissory note. A written obligation that makes a person responsible for the actions of another. [1] Bonds have a limited life span, and pay interest to the lender. The major difference between a Bond fund and a Stock fund, is that the Bond funds owners are creditors to the companies, whereas the Stock fund owners, have an equity stake in the company.

Bonds from "anything that binds," "householder," "dweller, [1] "condition of a serf or slave” "dwell, prepare, inhabit.” [2]

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