Actively managed
bond funds have the people, data and tools for credit selection, can adjust for term
structure and duration risk and have control over the timing
of bond purchases and sales.
Structured Product Corporation created a trust and placed their
purchase of a $ 100,000,000 block
of JC Penney
bonds issued in 1997 with a coupon
of 7.625 % and maturing in 2097.
Because these
bonds are structured primarily as long - term investments, there is a small penalty for redeeming I Bonds within five years of purchase: You would forfeit three months of interest if you cash out your bonds within five y
bonds are
structured primarily as long - term investments, there is a small penalty for redeeming I
Bonds within five years of purchase: You would forfeit three months of interest if you cash out your bonds within five y
Bonds within five years
of purchase: You would forfeit three months
of interest if you cash out your
bonds within five y
bonds within five years.