SPY,QQQQ, QLD=2xQQQQ, SSO=2xSPY
PRHYX.........YTD Return*: 9.75%
Net Assets*: 3.81B
Yield*: 7.33%
* As of 31-Dec-06
http://finance.yahoo...QQQ P...0&a=&c=
vitaminm, PRHYX is the standard bearer for the open end junk bond market, although I believe it is closed to new investors. But if you want to high power your junk portfolio the closed end funds far outstrip the returns of the open end funds. The junk standard bearer for the closed end junk market is DSU which returned 30% last year. I actually sold some junk today because the cash junk market has been a bit sloppy this week and I needed to free up some monies in case I need to continue increasing my stock positions. I've increased for five consecutive days now but this tidbit from the tickersense.com site is not very comforting as apparently there is a 71% chance the market will be down over the next week.
http://tickersense.typepad.com/
Thanks,
I prefer open end junk funds or GNMA funds for savings and closed end funds for trading due to their volatility because of dividend cuts.
http://finance.yahoo...=...;f=2007&g=v
Edited by vitaminm, 01 February 2007 - 12:50 AM.