____ are most likely to invest in mortgages.

Question

Quizplus · Accepted Answer

Bond mutual funds are designed to invest in fixed-income securities, including mortgage-backed securities. These funds often provide investors with steady income streams and typically seek higher yields and lower risk by investing in a diversified portfolio of securities. Stock mutual funds invest primarily in equities, while load funds charge front-end or back-end fees that can reduce returns. Closed-end funds are investment companies that issue a fixed number of shares and trade on an exchange like stocks. While they may invest in mortgages, they do not have the same flexibility as open-end funds to adjust the size of the fund as market conditions change.

____ Are Most Likely to Invest in Mortgages