This post is one in a series in which more than 60 newsletter advisors share their Top Stock Picks for 2011. This special report is courtesy of TheStockAdvisors.com.

"Fidelity Dividend Growth (FDGFX), a top pick for the coming year, is one of Fidelity's more broadly diversified growth funds," says fund expert Jack Bowers.

The editor of Fidelity Monitor explains, "Fund manager Larry Rakers has a structured approach to bargain-hunting that has outperformed the S&P 500 this year.

Continue reading Top Picks 2011: Fidelity Dividend Growth (FDGFX)

Top Picks 2011: Fidelity Dividend Growth (FDGFX) originally appeared on BloggingStocks on Wed, 05 Jan 2011 17:00:00 EST. Please see our terms for use of feeds.

The editor of The Cash Machine explans, "I'm speaking of the Cushing MLP Total Return Fund (SRV), a NYSE listed closed-end fund that owns most of the leading gas Master Limited Partnerships.

The objective of the Cushing MLP Total Return Fund is to obtain a high after-tax total return from a combination of capital appreciation and current income. The fund will try to accomplish this by investing at least 80% of its net assets in MLPs.

Continue reading Cushing MLP Total Return: A 'Cash Machine' in Gas Partnerships

Cushing MLP Total Return: A 'Cash Machine' in Gas Partnerships originally appeared on BloggingStocks on Fri, 09 Jul 2010 11:00:00 EST. Please see our terms for use of feeds.

Continue reading Janus Flexible (JAFIX): A 'Sterling' Track Record

Janus Flexible (JAFIX): A 'Sterling' Track Record originally appeared on BloggingStocks on Wed, 30 Jun 2010 14:00:00 EST. Please see our terms for use of feeds.

Continue reading Evergreen Global (EOD): Double-Digit Yields

Evergreen Global (EOD): Double-Digit Yields originally appeared on BloggingStocks on Thu, 22 Apr 2010 10:00:00 EST. Please see our terms for use of feeds.

Continue reading In the 'Vanguard' with Wellington Fund (VWELX)

In the 'Vanguard' with Wellington Fund (VWELX) originally appeared on BloggingStocks on Fri, 26 Feb 2010 11:00:00 EST. Please see our terms for use of feeds.

The editor of Systems & Forecasts explains, "As a result, we are finding that there is a lot of demand among investors for an investment program that can produce attractive levels of income without being too risky; as such, we are introducing a high income portfolio.

Continue reading Defensive Portfolio for High Income

Defensive Portfolio for High Income originally appeared on BloggingStocks on Fri, 12 Feb 2010 11:20:00 EST. Please see our terms for use of feeds.

"We believe it is prudent to lock in some profits, and focus on developing an income stream in the event that we get either a major correction or double-dip recession," says Glenn Rogers.

The contributing editor to The Internet Wealth Builder suggests, "It seems to me to that the most promising areas worth considering are high-yield bond funds and international real estate funds, preferably with some underlying income." Here, the reviews four income ideas.

"I like high-yield bond funds, even though there is concern that interest rates will rise in 2010.

Continue reading A four-pack of income fund favorites

A four-pack of income fund favorites originally appeared on BloggingStocks on Tue, 10 Nov 2009 13:30:00 EST. Please see our terms for use of feeds.

This post is part of a 12-article feature that can be read here: Today's best income ideas.

"Some types of bonds have rarely looked as appealing as they do now compared with other income alternatives," says Philip Springer. In Leeb's Income Performance Letter, the advisor looks at three favorite fixed-income funds -- one invested in mortgages, one in corporates and one in municipal bonds.

"Our top pick among fixed-income funds now is U.S. government-guaranteed, mortgage-backed securities (MBS) issued by government agencies.

Continue reading Income trio: Favorite funds for yield

Income trio: Favorite funds for yield originally appeared on BloggingStocks on Mon, 02 Mar 2009 17:00:00 EST. Please see our terms for use of feeds.

This post is part of a 12-article feature that can be read here: Today's best income ideas.

"Assuming you want to invest a little more in the markets now, which ETF should be your first choice?" asks ETF expert Mark Salzinger.

In The Investors's ETF Report, he reveals his favorite picks from from two of his model portfolios -- a favorite for long-term wealth building and one investors still in their pre-retirement years.

Continue reading Best income buys: Wealth building and pre-retirement

Best income buys: Wealth building and pre-retirement originally appeared on BloggingStocks on Sat, 28 Feb 2009 15:30:00 EST. Please see our terms for use of feeds.

"Our favorite US stock market fund is Vanguard Dividend Growth (VDIGX); in 2008, it lost less than just about any other large-cap fund," says Mark Salzinger in his The No-Load Fund Investor.

"In 2008, Vanguard Dividend Growth lost 25.6%, vs. 37.1% for the S&P500 Index. Over the longer term, manager Donald Kilbride has proven his mettle with good stock picks and nimble application of his strategy.

"He looks for stocks with histories of rising dividend payouts along with the wherewithal and intention to continue increasing dividends into the future. Plus, he likes to buy these stocks when they appear relatively inexpensive.

Continue reading Vanguard Dividend (VDIGX): Top pick for US large caps

Vanguard Dividend (VDIGX): Top pick for US large caps originally appeared on BloggingStocks on Fri, 13 Feb 2009 14:30:00 EST. Please see our terms for use of feeds.

This post is part of a special annual report -- Top Stock Picks '09 -- in which TheStockAdvisors.com asked 75 leading newsletter advisors to select their favorite investment for the new year.

Leading fund expert Ron Rowland looks to a conservatively managed mutual fund as his favorite investment play for 2009. In his All Star Investor, the advisor takes a look at Gateway Fund (GATEX).

"Gateway Fund is a conservative fund that has shown equity-like returns with bond-like volatility for over 20 years.

"From inception in 1988 through November 2008, GATEX had a +7.6% annual return -- slightly behind the S&P 500 but with a fraction of the volatility.

"More recently, the fund's steady returns are beating the market by a mile. Gateway pioneered the 'buy-write' strategy of owning stocks and selling call options to earn income.

"The fund is at its best in choppy, sideways markets -- which makes it an excellent choice for risk-averse investors who don't want to abandon equities entirely in this uncertain economy."

Steven Halpern's TheStockAdvisors.com offers a daily look at the latest market commentary and favorite stock picks and investment ideas from the nation's leading financial newsletter advisors.

Top Stock Picks '09: Gateway Fund (GATEX) originally appeared on BloggingStocks on Sat, 10 Jan 2009 13:00:00 EST. Please see our terms for use of feeds.

"Investors should not forget that we tend to have the best news at market tops and the worst news at or near the bottoms; that means that a rising tide of bad news is an important part of the bottoming process," explains Keith Fitz-Gerald.

Emphasizing the need for patience in the current environment, the editor of The Money Map Report is maintaining a diversified portfolio including several quality income-oriented positions from Nuveen, PIMCO ad Vanguard. Here's a trio funds for safety and income.

"Nuveen Quality Income Municipal Fund (NYSE: NQU) seeks current income exempt from regular federal income tax. A lot of folks are fleeing munis right now because they're fearful of the credit crisis and an anticipated wave of municipal defaults.

"What makes NQU appealing is that it concentrates substantially all of its assets in a diversified portfolio of AA federal tax-exempt investments, which gives it an added safety cushion. Right now the taxable equivalent distribution rate is 9%.

"And don't forget: Right now it's selling at 7.97% below its net asset value. This gives us a super way to potentially achieve over 16% this year. That's especially appealing given how the markets are behaving lately.

Continue reading 'Money Map' to safe returns: A trio of income funds

'Money Map' to safe returns: A trio of income funds originally appeared on BloggingStocks on Fri, 05 Dec 2008 11:11:00 EST. Please see our terms for use of feeds.

"Like other US Treasuries, Treasury Inflation Protected Securities (TIPs) have virtually no credit risk," explains fund expert Mark Salzinger.

The editor of The No-Load Fund Investor adds, "Unlike other US Treasuries beyond short-term bills, however, TIPs also have no inflation risk." Here, he looks at an EYF based on TIPs.

"Twice a year, TIPs' principal valuis are adjusted upward by the amount of the increase in the Consumer Price Index Urban (CPI-U), thus protecting their holders against increases in inflation.

"The total return of the bond equals its yield plus the change in principal value based on inflation, changes in real interest rates (published interest rates minus inflation) and supply-demand in the market for TIPs.

"TIPs' yields are lower than those of regular Treasury sercurities of similar maturities. That's one of the disadvantages of TIPs.

"The other is that any increase in principal value due to the biannual inflation adjustment gets taxed every year as if it were received income.

Continue reading Fund expert offers tip on TIPs

Fund expert offers tip on TIPs originally appeared on BloggingStocks on Wed, 22 Oct 2008 10:10:00 EST. Please see our terms for use of feeds.

"With the government set to bail out a trillion dollars in debt, what should you buy?" asks Neil George, editor of Personal Finance. "Bond funds are the foundation that steadies your portfolio."

"While the Fed and the Treasury work to bail out a trillion dollars in debt, other governments around the planet seems to be jumping on board this train; similar deals are being cut from the UK to Russia to Japan and beyond.

"The result is a big surge of short-covering and rampant buying as the markets trade and party like it's 1999 again. But is this a good thing?

"Although it might satisfy the political agendas of government leaders, these moves do pretty much nothing to restore normal risk and reward characteristics that make for a productive free market system.

"Meanwhile, bonds are what continue to perform. The rally in stock might continue for a time, but when more and more serious investors and traders begin to figure out the ramifications of the government's heavily expanded role in the formally private sector, it won't take long for another selloff to materialize.

Continue reading Bailout blues? 'Buy closed-end bond funds'

Bailout blues? 'Buy closed-end bond funds' originally appeared on BloggingStocks on Wed, 24 Sep 2008 10:30:00 EST. Please see our terms for use of feeds.

"Closed-end funds are a terrific way to gain diversified exposure to high-yielding foreign stocks," says global expert Nick Lanyi.

In his High-Yield International, he explains, "My latest closed-end fund pick, First Trust/Aberdeen Emerging Opportunity Fund (NYSE: FEO), gets income any which way it can from the world's fastest-growing economies." Here's his review.

"For U.S. investors looking to broaden their horizons, closed-end funds offer an easy way to gain exposure to a diverse mix of foreign stocks without venturing beyond U.S.-based stock exchanges.

"Not only that, they often provide access to stocks that don't trade in the U.S. -- including companies that only institutional investors (such as a fund manager) can buy.

"But these funds offer a bonus that mutual funds don't: in some cases you can purchase them at a discount to their net asset value (NAV) -- the underlying value of the fund's portfolio.

"That's because closed-end funds trade on the major stock exchanges, just like stocks. Their prices are determined by investor sentiment and supply and demand, in addition to the value of the investments they hold.

"Led by Brett Diment, the management team at Aberdeen Asset Management -- which specializes in emerging markets -- has assembled a portfolio that exposes investors to some of the fastest-growing economies in the world: Brazil, Mexico, China, India, Turkey, Argentina and Venezuela are among the fund's top holdings.

Continue reading FirstTrust/Aberdeen Emerging (FEO): Global growth and income

FirstTrust/Aberdeen Emerging (FEO): Global growth and income originally appeared on BloggingStocks on Wed, 30 Jul 2008 15:20:00 EST. Please see our terms for use of feeds.

"Buy bonds," says income expert Neil George, adding "More and more folks are heading for the door on stocks and are moving toward quality."

The senior editor of Personal Finance explains, "This means bonds-but not just any bonds: government and upper-tier corporate bonds." Here's a trio of favorites.

"We start with AllianceBernstein Global High Income Fund (NYSE: AWF). This fund owns a collection of government and government agency bonds, along with some selected high-quality domestic and foreign corporates that add to our stability.

"We aren't just locked into the US and the US dollar; we have exposure to the best of Europe, Asia and elsewhere, too. The average duration (measurement of price against changes in yield) is a conservative but attractive 7.4 years.

"The fund generates a yield just shy of 8% and has given us a positive performance of near 100% during the past five years. It trades at a discount of more than 6% to meltdown value.

Continue reading Income expert bets on trio of closed-end bond funds

Income expert bets on trio of closed-end bond funds originally appeared on BloggingStocks on Fri, 21 Mar 2008 09:45:00 EST. Please see our terms for use of feeds.

For 25 years, Steven Halpern, editor of TheStockAdvisors.com, has surveyed the leading financial newsletter advisors asking for their favorite stocks for the coming year. This article is one of 100+ ideas in the Best Stocks for 2008 report.

"If you live in the US, most of your portfolio is probably denominated in dollars -- your Treasuries, stocks, even gold. The same is true for your bank accounts, real estate and insurance policies," explains Martin Weiss and Mike Larson in Safe Money Report.

"That's natural, and we don't recommend turning your financial life upside-down to switch all of your money to foreign-currency denominated accounts.

"But you can protect yourself -- and even profit from -- the dollar's decline with Prudent Global Income Fund (NASDAQ: PSAFX). Here's why we like it and have selected it as our favorite conservative idea for 2008:

"First, the fund holds mostly fixed-income securities denominated in foreign currencies. Roughly 70% of its investments were in foreign debt at the end of the third quarter, with the euro, Swiss franc, and Canadian dollar receiving the largest allocations.

"Second, its fixed-income securities are predominantly under three years in maturity. This gives you reduced exposure to any bond-price declines.

"Third, the fund concentrates on the highest-rated debt, such as government securities. And as an extra dollar hedge, 11% of its assets were recently in gold and gold shares. They tend to rise in value when the dollar falls. "

Best Stocks for 2008: 'Prudent' pick with Prudent Global Income (PSAFX) originally appeared on BloggingStocks on Sat, 29 Dec 2007 10:30:00 EST. Please see our terms for use of feeds.

With the caveat that strategies that lead to higher yields also entail higher risk, let's look at a trio of funds that use unusual strategies to boost their income. One focuses on buying stocks just before their ex-dividend dates, another uses currency swaps, and the third uses a covered call writing strategy.

First, a look at Alpine Dynamic Dividend Fund (ADVDX), a favorite of Carla Pasternak, editor of High Yield Investing. Apline is the only mutual fund included in her "10%-Plus Portfolio".

With its double-digit yield, she considers Alpine "one of the most attractive funds around." Not only that, she says, "its impressive 16.0% average annual return in the three years since inception puts it at the head of its category."

Pasternak explains, "The fund's savvy stock selection is part of its success. Lead portfolio manager Jill Evans is adept at finding undervalued stocks with good upside and dividend growth potential."

And, unlike most open-ended funds that are limited to specific investment strategies, Pasternak notes that Alpine can use just about any technique to lift returns.

The fund's favorite approach is the dividend capture strategy --- in which it will buy a stock right on the ex-dividend date and hold the stock for at least 61 days to take advantage of reduced federal tax rates. In this way, she explains, the fund rakes in more dividend income than it could from quarterly payments alone.

Pasternak adds, "The fund offers shareholders a tax-advantaged dividend stream, which means it can be held in a taxable brokerage account."

Pasternak also likes Lazard Global Total Return & Income (NYSE: LGI), which she notes offers a chance to buy blue chips at a discount. The closed-end fund invests in U.S. and foreign equities.

About half of its portfolio is in U.S. blue-chips like Microsoft (NASDAQ: MSFT), Bank of America (NYSE: BAC) and Exxon Mobil (NYSE: XOM). The other half focuses on big name British, Japanese, and other foreign-owned stocks.

She notes, "What sets LGI apart is its use of currency swaps to cushion its foreign holdings against currency volatility. The fund also uses leverage (borrows money) to pay for the currency swaps."

She explains, "Distributions over the past year of $2.34 provided a yield of 10.2%. The distribution includes a regular monthly $0.1042 payment, based on the fund's managed distribution policy, and $1.0294 in long-term capital gains. Expenses of 1.62% shave off some of that yield."

Meanwhile, she explains, the shares are now trading at a discount to the value of the fund's underlying holdings, meaning you can buy a dollar's worth of assets for less than a dollar.

Richard Lehmann, editor of the industry leading Forbes/Lehmann Income Securities Investor, also looks at an unusual global fund that uses a covered call writing strategy to generate high income.

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (NYSE: ETW) is a closed-end fund which, according to Lehmann, owns a diversified portfolio of common stocks of which 54.57% are United States issuers, 22.12% from Europe, 12.30% from the United Kingdom, 9,79% from Japan, and 1.22% in other areas.

To generate income, Lehmann explains, "They sell call options on a continuous basis on broad based domestic stock indexes and the same on broad based foreign country or regional stock indexes. The income generated by selling the calls makes up part of the fund's distributions, the rest are made up of dividends paid by the stocks the fund holds."

He also notes that the fund is "tax managed", which means it seeks to minimize and defer federal income tax. The sale of index options are considered 60% long-term capital gain and 40% short-term capital gains, no matter the holding period.

The advisor says, "We like the diversification this global fund provides since it is not dependent on interest rates or energy prices and is international in scope. At its current price of $20.32, the fund has an indicated yield of 8.86%. We rate the fund a buy below $21.00 for high-risk investors."

Steven Halpern is the editor of TheStockAdvisors.com, a free daily website which features the latest stock picks from the nation's leading financial newsletters.

Two income experts look at high yield fund strategies originally appeared on BloggingStocks on Tue, 30 Jan 2007 11:05:00 EST. Please see our terms for use of feeds.

Each year Steven Halpern, editor of TheStockAdvisors.com, surveys the leading financial newsletter advisors asking for their favorite stocks for the coming year. This article is part of his 24th annual Top Picks Report.

Prudent Global Income Fund (PSAFX) is the favorite conservative idea for 2007 from Martin Weiss. The editor of Safe Money Report explains, "The dollar started falling sharply late last year, stabilized a bit this past summer, and is now getting shredded again.

"The main reasons are that we are running gigantic trade deficits month after month after month, and that we owe more to foreign creditors than at any time in history. In addition, our economy is sliding -- while others around the globe are powering ahead.

"This is a big deal in the currency world. International portfolio managers are constantly shifting funds to economies with stronger growth and higher interest rates. If U.S. rates come down a bit -- or even remains flat -- while rates overseas climb, these investors could pull out of the dollar in droves.

Continue reading Top Picks 2007: Weiss offers "Prudent" play on global income

Top Picks 2007: Weiss offers "Prudent" play on global income originally appeared on BloggingStocks on Sat, 30 Dec 2006 14:30:00 EST. Please see our terms for use of feeds.