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 invests primarily in corporate bonds with maturities between 5 and 10 years. Junk bond funds invest in high-yield bonds that are considered higher risk, municipal bond funds invest in bonds issued by local governments, short-term government bond funds invest in Treasury bonds with maturities generally less than 2 years, and world bond funds invest in bonds issued by companies or governments around the world.

Which Type of Mutual Fund Invests Primarily in Corporate Bonds