Charles Schwab & Co., San Francisco, announced this week that it has revamped two of its government bond funds to track bond indexes published by Lehman Brothers.

The aim was to give retail investors broader exposure to the bond market, said Michelle Swenson, senior vice president in investment products and research. Both funds remain heavily, but not exclusively, invested in Treasury and government agency bonds.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.