Volatility rating explanation
We assign Fund Volatility Ratings to bond funds and other managed pools of fixed-income assets, including cash-enhanced funds, exchange traded funds 29 Feb 2000 The definition applies only to bond mutual fund volatility ratings provided by an independent third party and only to open-end investment (a) Definition of Bond Mutual Fund Volatility Ratings For purposes of this Rule and any interpretation thereof, the term "bond mutual fund volatility rating" is a