draz

1. What is the role of dividend payments in case of ETFs and Open end mutual funds ? Are dividends reinvested to buy more shares or, they are given out to share holders ?
reinvested or pay for internal expenses, I think.
2. What is meant “deteriorating fundamentals” wrt to investment grade bonds and how does it effect credit risk ?
nothing specific, other than bad financials affecting its credit, bad Cr, bad quick ratio, etc?
3. What is recovery rate and credit risk of a debenture compared to a mortgage based bond?
(higher/lower) ?
Not sure, both are bad.