We evaluate the performance of the US bond mutual fund industry using a comprehensive sample of bond funds over a long time period from January 1998 to Februarydoi:10.2139/ssrn.3355619Clare, AndrewO'Sullivan, NiallSherman , MeadhbhZhu, Sheng...
We find that bond funds underperform the market significantly and by an economically relevant magnitude. This underperformance cannot be explained by the expenses they charge. Our findings support the use of conditional performance evaluation models, since we find strong evidence of both time-varying ...
A performance bond is a type ofcontract construction bondthat guarantees a contractor will complete a project according to the terms outlined in a contract by the project owner, also called the obligee. The obligee can be a city, state, or local government, as well as the federal government...
The Performance of Bond Funds Selected The article investigates the performance of bond funds including the composite, high-yield, and emerging market bond funds accounted for more than 60% of t... YS Ni 被引量: 0发表: 2014年 Bond performance analysis Worm research depends on simulation to a...
履约保证狀(performance bonds)是保证完全及忠实的履行契 nccuir.lib.nccu.edu.tw|基于3个网页 3. 履约保证保险合同 ... ) Performance bond 履约保证 )performance bonds履约保证保险合同) performance bond and guarantee 履约保证担保 ... www.dictall.com|基于3个网页 ...
significance of the high-yield bond market for private equity related transactions, little research has examined the performance of bonds issued to finance ... 湛可南 被引量: 0发表: 2014年 加载更多研究点推荐 High Yield Bond Funds High Yield Bonds ...
This paper evaluates the performance of U.S. based international bond mutual funds over the November 1988–March 1994 period. The funds are evaluated against single- and multi-index benchmarks. Our tests indicate that the funds, in general, were unable to outperform either benchmark over the ...
of government bond funds (general, intermediate maturity, and short-intermediate maturity) and three hybrid types of government/corporate bond funds (general, intermediate maturity, and short-intermediate maturity). Our study evaluates government bond fund performance by assessing the risk exposure of ...
Bond mutual funds are a great way to hold a diversified portfolio of fixed-income securities, which can provide a steady flow of interest income with lower relative risk than stocks in general. While more conservative, bond funds still have to be evaluated in terms of risk and return, with ...
Bond FundSEC YieldDistribution YieldFlowsPerformanceThis paper studies the role of mutual fund yield in driving investor flows and performance of bond funds. Using two common measures, the SEC yield and 12-monthJiang, HaoLi, LilyZheng, Lu