BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Income expert looks to junk bond bets]]>http://www.bloggingstocks.com/2009/09/23/income-expert-looks-to-junk-bond-bets/http://www.bloggingstocks.com/2009/09/23/income-expert-looks-to-junk-bond-bets/http://www.bloggingstocks.com/2009/09/23/income-expert-looks-to-junk-bond-bets/#commentsFiled under: , ,

"We think that junk bonds -- bonds rated BB+ or lower by S&P or Ba1 or below by Moody's -- are worth considering as part of a diversified income portfolio." says Carla Pasternak.

In her High Yield Investing, she asks, "If you agree with us that one's person's junk may turn out to be your treasure, how do you invest?" She answers by offers a pair of junk bond fund ideas.

"SPDR Barclays Capital High Yield Bond ETF (NYSE: JNK) has a $2.2 billion portfolio of 140 junk bonds. Its holds junk bonds in only three sectors: industrials (75.8%), utilities (12.16%) and financials (8.72%).

"It pays a monthly distribution comprised entirely of earnings. JNK is best held in a tax-advantaged account as distributions are taxed at your marginal income tax rate.

Continue reading Income expert looks to junk bond bets

Income expert looks to junk bond bets originally appeared on BloggingStocks on Wed, 23 Sep 2009 10:20:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>bill grosscarla pasternakdividendshigh yield investingincome investingIncomeInvestingjnkPHYDXPimco High Yield DPimcoHighYieldDSPDR Barclays Capital High Yield BondSpdrBarclaysCapitalHighYieldBondthestockadvisors.comyieldWed, 23 Sep 2009 10:20:00 EST