Investors should rely on them for income; bonds by America’s blue-chip companies, for example, offer an average effective yield of 5.3%. Adjusted for inflation, it is a 2.6% yield, compared with ...

The average yield to maturity is 6.88%, and the weighted average maturity is 6.81 years. The effective duration is 4.60 years. The expense ratio of FALN is 0.25%. We can see in the chart above ...