5 Results for Tag: rated

Nationally Recognized Statistical Ratings Organization (NRSRO)

Nationally Recognized Statistical Ratings Organization (NRSRO) What is 'Nationally Recognized Statistical Ratings Organization - NRSRO' The formal term to describe credit rating agencies t

Fallen Angel

Fallen Angel What is a 'Fallen Angel' A fallen angel is a bond that was given an investment-grade rating but has since been reduced to junk bond status due to the weakening financial condi

Target Risk Fund

Target Risk Fund What is 'Target Risk Fund' A fund that attempts to expose its investors to a specified amount of risk. The fund manager of a target risk fund is responsible for overseeing

Junk Bond

Junk Bond A non-investment grade or high yield bond is referred to as a junk bond. As the name suggests, these bonds have a credit rating of BB or low, and are fixed income instruments. They


AAA What is 'AAA' AAA is the highest possible rating assigned to an issuer's bonds by credit rating agencies. An AAA-rated bond has an exceptional degree of creditworthiness, because the i