Taxable bond funds
Who should invest?
- Investors seeking current income.
- Investors willing to accept fluctuations in share price.
- Investors seeking a bond investment to balance the risks of a portfolio containing stocks.
Tax-exempt bond funds
Who should invest?
- Investors seeking interest income that is exempt from federal and/or state income tax.
- Income-seeking investors in a high tax bracket.
- Investors willing to accept modest fluctuations in share price.
Domestic balanced funds
Who should invest?
- Investors seeking a combination of long-term growth of capital and income from dividends and interest.
- Investors with a long-term investment horizon (at least 5 years).
- Investors seeking a simple way to achieve a broadly diversified holding of stocks and fixed income investments.
International balanced funds
Who should invest?
- Investors seeking a combination of long-term growth of capital and income from dividends and interest.
- Investors with a long-term investment horizon (at least 5 years).
- Investors seeking a simple way to achieve a broadly diversified holding of international stocks and fixed income investments.
Domestic stock funds
Who should invest?
- Investors seeking possible dividend income and possible long-term growth of income and capital.
- Investors with a long-term investment horizon (at least 5 years).
- Investors willing to accept significant fluctuations in share price.
Domestic stock funds–specialty
Who should invest?
- Investors seeking to complement a well-diversified stock portfolio with a mutual fund that invests in a specific market sector.
- Investors seeking long-term growth of capital, without significant dividend income.
- Investors with a long-term investment horizon (5 to 10 years or longer).
- Investors willing to accept significant fluctuations in share price.
International stock funds
Who should invest?
- Investors seeking to further diversify a portfolio of U.S. securities.
- Investors seeking long-term growth of capital, without significant dividend income.
- Investors with a long-term investment horizon (at least 5 years).
- Investors willing to accept significant fluctuations in share price.
- Investors willing to accept the additional risks associated with international investing.
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