Buying Bonds Vs Bond Funds Page

: Have no fixed maturity date; the principal value fluctuates with market interest rates, though professional managers actively maintain a target duration. Cost Efficiency & Pricing

: Benefit from institutional pricing and economies of scale, though they carry annual expense ratios. Income Predictability buying bonds vs bond funds

: Require significant capital and time to research; Charles Schwab recommends holding at least 10 different issuers to achieve basic diversification. : Have no fixed maturity date; the principal

: Usually pay semi-annual interest, offering fixed, predictable cash flows. : Have no fixed maturity date