High-Yield Bond Funds by P-PearsonEducation


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									High-Yield Bond Funds
FT Press Delivers Elements

Author: Marvin Appel

Edition: 1

This Element is an excerpt from Higher Returns from Safe Investments: Using Bonds, Stocks, and
Options to Generate Lifetime Income (9780137003358) by Marvin Appel. Available in print and digital
formats.When it might make sense to invest in high-yield junk bonds—and when you absolutely must
stay away.Wouldn't it be great to get 8% per year or more in interest income from a bond mutual fund?
This is not idle fantasy when the average investment-grade bond is paying just 4%. You can get very juicy
yields if you are willing to bear the credit risk of high-yield "junk" bonds. In this chapter, you learn how to
recognize propitious times to reach for their yield, and when to stay away.

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