Enron and WorldCom, whose bonds were not initially rated junk.
Bonds that sell at their face value are said to sell at par. Click here for a detailed list of distributions inception date. Bonds that sell above their face value sell at a premium. Market indices exist for dedicated investors in the market. No matter what you pay for a bond, you will get the face value and only the face value of the bond when it matures.
Bonds that sell below their face value sell at a discount. Click here for a summary of distributions for the past 12 months. Bonds are generally sold for their face value when issued. The Fund's social screens are similar to those followed by other Pax World Funds. Enron and WorldCom, whose bonds were not initially rated junk. You should consider a fund's investment objectives, risks, and charges and expenses carefully before investing.