fixed income fund


A fund that invests solely in fixed income investments, such as bonds or certificates of deposit. These funds are dependable and limit the amount of risk an investor takes on, although it could mean a lesser return that would be possible in a more risky fund.

Use fixed income fund in a sentence

They had a fixed income fund and they could not change it because they were already too committed to it.

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My grandmother lives comfortably every month off of her Fixed income fund she receives from her Social security and pensions

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There exists an inverse relationship between the value of fixed income funds and interest rates that makes such investments questionable in a period of rising interest rates.

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