All About Bonds, Bond Mutual Funds, and Bond ETFs, 3rd Edition

by Esme E. Faerber

Overview

Access the unprecedented potential of bond investing!

Bonds have come a long way in recent years. No longer just a relatively safe and secure investment, bonds now offer the potential for capital appreciation in addition to interest income. All About Bonds, Bond Mutual Funds, and Bond ETFs is the key to understanding both traditional and new types of bond investments.

This detailed but accessible introduction covers everything from basic bond characteristics to fixed-income investment techniques. You'll gain a thorough education on such topics as yield, liquidity, duration, convexity, valuation, and emerging markets and find the answers to many questions a bond investor will ask, such as:

• What percentage of my portfolio should be dedicated to bonds?
• What are the newest products and where do I find them?
• What are the risks involved with investing in bonds, bond mutual funds and bond ETFs?
• How can I use the Internet to my advantage?

Whether you're involved in the bond market already or about to enter it, All About Bonds, Bond Mutual Funds, and Bond ETFs will guide you though the process of choosing the best bonds for your needs, evaluating their performance, and managing a bond portfolio.

Product Details

ISBN-13:	9780071544276
Publisher:	McGraw Hill LLC
Publication date:	11/19/2008
Series:	All About... (McGraw-Hill)
Edition description:	Revised
Pages:	336
Product dimensions:	5.90(w) x 8.90(h) x 1.00(d)

About the Author

Esmé Faerber is a professor of businessand accounting at Rosemont College. She is the author of All About Stocks and All About Investing.

Table of Contents

Preface ix

Acknowledgments ix

Chapter 1 What Bonds Can Do for You and Why You Should Consider Investing in Them 1

Chapter 2 Characteristics of Bonds 17

Chapter 3 Risks of Bonds 31

Chapter 4 Yield and Price 41

Chapter 5 Duration and Convexity 55

Chapter 6 The Economy and the Bond Markets 67

Chapter 7 Money Market Securities 91

Chapter 8 Treasury Securities 113

Chapter 9 Government Agency and Pass-Through Securities 139

Chapter 10 Corporate Bonds 167

Chapter 11 Municipal Bonds 199

Chapter 12 Convertible Bonds 227

Chapter 13 Zero Coupon Bonds and Zero Coupon Mutual Funds 255

Chapter 14 International and Emerging Market Debt 273

Chapter 15 Closed-End Funds 289

Chapter 16 Portfolio Management and Evaluation 303

Index 323