the lower the yield. So

john9221

yixian:
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[link widoczny dla zalogowanych]

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enses
by the fund in order to increase fund assets. Expenses, such as management fees
and 12b-1 charges, also have a direct impact on your bond fund’s yield. The higher
the expenses [link widoczny dla zalogowanych], the lower the yield. So [link widoczny dla zalogowanych], as you shop around among bond funds,
compare not only the yields but also the effect fees and expense levels will have on
your return over time.
Types of Bond Funds: Choosing the Best for You
Over the past several years, the number and variety of bond funds have
mushroomed [link widoczny dla zalogowanych], as has the amount of money invested in them. Hundreds of funds
now compete for your attention—plus the hundreds of billions of dollars in current
total bond fund assets and the billions of dollars more that pour into bond funds
each year. And bond fund companies continue to introduce new features already
tested on other types of funds.

CHAPTER 5: All about Bonds
Two factors distinguish funds: the kinds of securities they buy and the average
maturity of the bonds in their portfolios. In general, the longer the fund’s portfolio
maturity, the higher its yield, and the higher its risk. The following list describes
different kinds of bond funds in terms of these two factors.
They have been separated according to the levels of the investment pyrami