Corporate Bond Index
Lehman Brothers Corporate Bond Index Holdings
Composed of all publicly issued, fixed-rate, nonconvertible, investment-grade corporate debt. Issues are rated at least Baa by Moody's Investors Service or BBB by Standard & Poor's, if unrated by Moody's. Collateralized Mortgage Obligations (CMOs) are not included. Total return comprises price appreciation/depreciation and income as a percentage of the original investment. Indexes are rebalanced monthly by market capitalization.For over 1,000 additional terms and definitions please see our Investment Glossary Guide.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.