Interest that is earned but not yet paid on a bond.
Government Bond-Treasury funds invest in bonds issued by the U. Failure to pay coupons cannot drive the issuer into bankruptcy. Convertible Bond funds invest in bonds that have the option of being converted into stock of the company that issues the bonds. World Stock funds invest in securities of companies located throughout the world, including the United States. Government Bond-General funds invest in securities issued by either the U. Natural Resources funds invest in the exploration, distribution, and processing of natural resources. Equity-Income funds seek a high level of income by investing in companies that have maintained a high level of dividend payments, such as well established industrial corporations and utility companies. Municipal Bond-Single State funds invest in bonds issued by a particular state or municipalities within that state. Health funds invest in companies related to the health care industry including drug manufacturers, biotechnology firms, and hospitals.
Municipal Bond-National funds invest primarily in tax-exempt bonds issued by a state or municipality. Diversified Emerging Markets funds seek maximum capital appreciation by investing in securities issued in emerging markets countries. Interest that is earned but not yet paid on a bond. Any of several metrics of the income or return to be earned from an investment. Unaligned specialty funds invest in companies that fall into categories other than technology, health, real-estate, communications, natural resources, precious metals, and financial. Technology funds invest in the development, distribution, or servicing of technology equipment or processes. Aggressive Growth funds seek maximum capital appreciation a rise in share price by investing in start-up companies and may also use specialized investment techniques that involve options or short-term trading.