BB&T Corp. of Winston-Salem, N.C., is adding to its mutual fund family.

The BB&T Intermediate Corporate Bond Fund, set to launch during the first week in December, will invest about 20% of its assets in high-yield bonds and 80% in investment-grade corporate bonds.

BB&T currently offers government bond funds, but the new fund should appeal to investors looking for more income and willing to tolerate extra risk, said senior vice president Eugene Purcell 3d.

BB&T's fund family comprises 18 funds and manages about $2.1 billion of assets.

-- Amy L. Anderson

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