Call
Actions taken to pay the principal amount prior
to the stated maturity date, in accordance with the provisions for ?call?
stated in the proceedings and the securities. Another term for call
provisions is redemption provisions.
Remarks: Bond funds including mutual funds (open-end and
closed-end, actively managed and indexed), exchange-traded funds and unit
investment trusts offer a convenient and affordable way to invest in a
diversified portfolio of bonds, but a bond fund investment can differ from a
bond investment in ways that are important to understand. |
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