Redemption Provisions 

Another term for call provisions. 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.
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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.