Stable value mutual funds, once only available to investors through defined contribution plans, are making their way into the retail mutual fund universe as fund companies target IRA and Keogh plan investors.

The UAM Dwight Capital Preservation Fund, which was introduced June 17, is the latest in a series of stable value funds to be started in recent months. The fund is managed by Dwight Asset Management of Burlington, Vt. Dwight is an affiliated investment company of United Asset Management.

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