Educational

Bond spreads reflect the relative risks of different bonds and are the most common way that market participants compare the value of one bond to another, much like “price-earnings ratios” are used for stocks.

Distributions can be confusing, but investors need to understand how they work in order to get a clear picture of actual fund returns and know why when they buy matters.

Contrary to popular misconception, rising rates do not equal higher bond prices. There's an inverse relationship between bond prices and interest rates investors need to understand.

Duration measures the average (cash-weighted) term-to-maturity of a bond or in plain-terms, gives an approximation of how long it will take to recoup one's initial investment in a bond.