Austria Bond

Austria bond mutual funds and ETFs invest the majority of their assets... Austria bond mutual funds and ETFs invest the majority of their assets in the Austrian government and corporate debt. These funds can be actively or passively managed and may seek to track or outperform a particular benchmark. They may hedge foreign currency risk, or elect to leave themselves exposed to fluctuations in the Euro. Depending on their mandate, an Austrian Bond Mutual Fund or ETF may focus on investment-grade bonds, high-yield (a.k.a. junk bonds), or a mix of credit quality. As of 2024, IMF data shows that nonfinancial corporations are the largest issuers of debt in Austria, at 95% of GDP. Government debt, meanwhile, represents 75% of GDP. Investors purchase these securities to get both capital growth and income. The risk of each fund will vary, in part due to the duration of the bonds they own, as well as the credit quality of the issuer. Last Updated: 05/09/2024 View more View less

Austria bond mutual funds and ETFs invest the majority of their assets in the Austrian government and corporate debt. These funds can be actively or passively managed and may seek to track or... Austria bond mutual funds and ETFs invest the majority of their assets in the Austrian government and corporate debt. These funds can be actively or passively managed and may seek to track or outperform a particular benchmark. They may hedge foreign currency risk, or elect to leave themselves exposed to fluctuations in the Euro. Depending on their mandate, an Austrian Bond Mutual Fund or ETF may focus on investment-grade bonds, high-yield (a.k.a. junk bonds), or a mix of credit quality. As of 2024, IMF data shows that nonfinancial corporations are the largest issuers of debt in Austria, at 95% of GDP. Government debt, meanwhile, represents 75% of GDP. Investors purchase these securities to get both capital growth and income. The risk of each fund will vary, in part due to the duration of the bonds they own, as well as the credit quality of the issuer. Last Updated: 05/09/2024 View more View less