For investors who seek to receive income while reducing portfolio volatility
Because bonds often move in opposite direction from stocks, bond funds have historically proved to help reduce the risk of a stocks-only portfolio. In addition to providing balance for growth investors, bond funds might be considered by retirees who need current income for living expenses.
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*Mutual fund investing involves risk, including loss of principal. Past performance is not indicative of future returns. Please read prospectus carefully prior to making any investment, Diversification does not ensure against loss.