Bond ratings indicate a bond's credit quality, helping investors assess default risk. The three major bond ratings agencies are Moody's, Standard & Poor's, and Fitch Ratings. Investment-grade ...

But how can an investor be sure that they will recoup their investment in the first place? Credit risk, also known as default ... The ratings agencies then issue a letter-grade rating.

JCPB has a relative low-risk profile, with over 78% of assets in investment grade securities. It has suffered a moderate decay in asset value since its inception in 2019, but distribution growth ...