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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 th... : Understanding Bond Funds

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 in... : Bond Funds

SEC to GM, Ford: Let's See Those Pensions

By Michael Ellis DETROIT (Reuters) - U.S. regulators asked automotive giants General Motors Corp. (GM.N: Quote , Profile , Research ) and Ford Motor Co. (F.N: Quote , Profile , Research ) for information on how they account for pension and health care plans, the companies said on Tuesday. The Securities and Exchange Commission said last week it was looking into possible accounting abuses involving employee pension funds. The automotive industry has been particularly hard hit by ri... : SEC to GM, Ford: Let's See Those Pensions

Fed Raises Rates for Sixth Time

By Glenn Somerville WASHINGTON (Reuters) - The U.S. Federal Reserve on Wednesday raised interest rates for a sixth straight time, extending a policy of gradually lifting borrowing costs to levels high enough to ward off inflation pressures. The unanimous decision by the U.S. central bank's policy-setting Federal Open Market Committee moves the target for the benchmark federal fu... : Fed Raises Rates for Sixth Time

Trade Gap Widens to Record $55.5 Billion

By Doug Palmer WASHINGTON (Reuters) - The U.S. trade gap widened nearly 9 percent in October to a record $55.5 billion as sky-high oil prices helped propel imports into new territory, the government said on Tuesday, while a second report showed industrial output rose in November, as expected. October's unexpectedly large shortfall pushed the deficit tally for the first 10 months of 2004 to $500.5 billi... : Trade Gap Widens to Record $55.5 Billion
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