| Title: | Market Investing |
| Moderator: | 2155::michaud |
| Created: | Thu Jan 23 1992 |
| Last Modified: | Thu Jun 05 1997 |
| Last Successful Update: | Fri Jun 06 1997 |
| Number of topics: | 1060 |
| Total number of notes: | 10477 |
Is this a good time to get into a well-managed junk bond fund? I see from yesterday's WSJ that the average annual return for this category was 17%+, while some of the top funds returned well over 25%. The lowest in the category was about 11%. I've put some money in Dreyfus' A+ Bond Fund which returned just around 11% last year, and was in the top few funds in that category. While this fund lets me sleep a little better, I wouldn't mind better returns for more risk. OTOH, with the economic growth in sight, there should be fewer defaults in junk bonds, right? Has the risk factor decreased due to this? So, it this a good time?
| T.R | Title | User | Personal Name | Date | Lines |
|---|---|---|---|---|---|
| 357.1 | May be late for junk... | DABEAN::NEARY | Bob Neary | Tue Jan 19 1993 13:09 | 10 |
I've been in Fidelity Capital & Income (junk) Fund for 2 years now.
It's gone up about 25-30 per cent a year for the past two years. My only
regret so far was not putting more $ in 2 years ago. I think it may be
getting a little late to just be entering junk area.
Also, note that Fidelity C & I Fund has a 1% load if you don't leave it
there for 1 year. Since I was willing to leave it there, not an issue
for me,but just be aware.
Bob
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