---
title: Corporate Bond Funds and Underpriced New Issues
url: https://www.ml-quant.com/papers/ssrn/4582729/
site: ML-Quant (https://www.ml-quant.com)
updated: 2026-09-26
license: Summaries CC BY 4.0; links go to the original sources
index: https://www.ml-quant.com/llms.txt
identifier: SSRN 4582729
source_url: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4582729
featured: 2023-09-28
citations: unknown
topic: Macro-Finance & Rates
---


# Corporate Bond Funds and Underpriced New Issues

From 2002-2019, active investment-grade corporate bond mutual funds saw significant positive returns, largely due to underpriced new bond offerings to funds with strong underwriting relationships.

- Source: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4582729
- Identifier: SSRN 4582729
- Released: 2022-10-29
- First featured: Quant Letter No. 17 (2023-09-28): https://www.ml-quant.com/issues/2023-09-28/
- Citations (Semantic Scholar): not tracked
- Published in: not yet
- Topic: Macro-Finance & Rates

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