Which type of mutual fund invests primarily in corporate bonds with maturities between 5 and 10 years?

Question

Quizplus · Accepted Answer

An intermediate corporate bond fund primarily invests in corporate bonds with maturities between 5 and 10 years, making it the best choice among the options given. Junk bond funds invest in high-risk, high-yield bonds issued by companies with low credit ratings. Municipal bond funds invest in government-issued bonds at the state and local level. Short-term government bond funds primarily invest in government-issued bonds with maturities of less than 5 years. World bond funds invest in bonds issued by companies and governments from around the world.

Which Type of Mutual Fund Invests Primarily in Corporate Bonds