While Benzinga mostly covers actionable trading ideas and news stories, we've decided to delve a bit deeper into personal finance. The team at Benzinga would like to assist readers with not just their investing endeavors, but their financial lives as a whole. And today, we continue this effort with bond funds that will not only improve your bottom line, but make the world a better place.
In recent years, a growing push has emerged to invest both profitably and ethically. Leading the charge have been socially responsible and green investments – those that consider not only return, but the asset's effect on humanity and the environment. With this in mind, let's explore a few bond funds with positive impacts.
Sustainability-Focused Investors: Pax World High Yield Bond Fund PXHAX
The Pax World High Yield Bond Fund has managed a five-year average return of over seven percent as of this writing – not bad given the market woes over the same period. Better yet, it offers the following advantages:
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- It invests 75 percent of its assets in US bonds (helpful for rebuilding the US economy)
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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