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Gizmo

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Gizmo

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Re: was Steve post# 32010

Sunday, 11/06/2005 10:54:57 PM

Sunday, November 06, 2005 10:54:57 PM

Post# of 37180
Well, the bonds coupons get paid to the fund and they must be paid out. When I've had bond funds in my 401k they paid the interest monthly. If a trade out occured before month end I still got a prorated cut of the interest for that month.

Bonds are great in an uptrend and the losses in a downtrend are offset by the interest payments.

Gizmo...


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