Can you explain what a bond fund is and its income characteristics?

Mar 14, 2024 ... NOTE: The information contained in this report is for informational purposes only and does not constitute an appropriation. Programs are ... They issue a Schedule K-1 to each shareholder to report the shareholder's share of income, gains, losses deductions, or any other taxable event instead of a ... An income fund is a mutual fund or exchange-traded fund (ETF) that seeks to generate current income through dividends or interest payments. · Some also provide ... Please see the fee table in the Fund's prospectus for more information. Calendar year total returns @ NAV. Year. Annual return. Equity funds invest in the shares of companies, and are generally more risky than other investments. Fixed income (bonds). Fixed income funds invest in debt ( ... Barron's Information: PGIM Investments ranked 4 out of 48, 8 out of 47, 12 out of 46 firms for the 1-, 5-, and 10-year periods ended 12/31/2024, respectively. For additional information on return of capital, please read the fund's prospectus and annual report. Glossary of Terms (click to view). Carefully consider the Fund's investment objective, risks and charges and expenses. This and other important information is contained in the Fund's ... ARP/CRRSA/CARES Information. Higher Education Emergency Relief Fund (HEERF) Grant Funding. The HEERF application is no longer available. We have awarded all ... Nov 1, 2023 ... Announcement | NUVEEN PREFERRED AND INCOME SECURITIES FUND | Informative Notice. Initially announced on April 13, 2023, Nuveen Preferred and ...