Investment Types

Fixed Income: Definition

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Simple Definition

Investments like bonds that pay set, predictable interest on a schedule.

Why It Matters

Fixed income is the umbrella term for bonds and similar investments where the payments are known in advance. It's the calmer, more predictable counterpart to stocks, which is why many investors hold some fixed income to steady a portfolio — especially closer to when they'll need the money.

Key Points

  • Named for the fixed, scheduled payments — unlike a stock's unpredictable returns
  • Includes Treasuries, corporate bonds, municipal bonds, and bond funds
  • Generally swings less than stocks, but is not risk-free

Learn More

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Related Terms

Common Questions

Investments like bonds that pay set, predictable interest on a schedule. Fixed income is the umbrella term for bonds and similar investments where the payments are known in advance. It's the calmer, more predictable counterpart to stocks, which is why many investors hold some fixed income to steady a portfolio — especially closer to when they'll need the money.

Fixed income is the umbrella term for bonds and similar investments where the payments are known in advance. It's the calmer, more predictable counterpart to stocks, which is why many investors hold some fixed income to steady a portfolio — especially closer to when they'll need the money.

Named for the fixed, scheduled payments — unlike a stock's unpredictable returns

Includes Treasuries, corporate bonds, municipal bonds, and bond funds

Generally swings less than stocks, but is not risk-free