A mutual fund that seeks a high level of income by keeping two-thirds or more of its portfolio invested constantly in corporate bonds with an average maturity of 5 to 10 years.
corporate bond intermediate-term fund - Investment & Finance Definition
Webster's New World Finance and Investment Dictionary Copyright © 2010 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.
Used by arrangement with John Wiley & Sons, Inc.
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"corporate bond intermediate-term fund." YourDictionary, n.d. Web. 14 January 2019. <https://www.yourdictionary.com/corporate-bond-intermediate-term-fund>.
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corporate bond intermediate-term fund. (n.d.). Retrieved January 14th, 2019, from https://www.yourdictionary.com/corporate-bond-intermediate-term-fund
