PHK - PIMCO High Income Fund
Good for some relatively low-risk income. Has a 9+% yield. Invests in the upper tier of the below investment-grade (a.k.a. "junk") credit spectrum , average rating BB. Average duration is less than 5 years.
Showing posts with label park money. Show all posts
Showing posts with label park money. Show all posts
Wednesday, April 18, 2007
Wednesday, April 11, 2007
PRFHX - Where to park money
PRFHX - T. Rowe Price TAX-FREE HIGH YIELD
Yes, its high yield, but it averages about 6+% tax free returns, with low risk ("junk" municipal bonds). Its not a bank deposit, but I prefer it over places such as ING Direct etc. Credit for this tip goes to my close friend, Shirish Jamthe.
Yes, its high yield, but it averages about 6+% tax free returns, with low risk ("junk" municipal bonds). Its not a bank deposit, but I prefer it over places such as ING Direct etc. Credit for this tip goes to my close friend, Shirish Jamthe.
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