Hi Toof and Adam, Re: high yield vs consistent value.............
As a direct replacement for money market funds for my cash I've been using RAVI for surplus cash. It's currently yielding ~2.5% but is very steady.
I use HYG for higher income on the Corporate Bond side of my ledger. HYZD has a slightly better yield right now and does seem marginally more steady than HYG or JNK, but not by a huge amount. Other income funds I use are CWB (corp convertibles), FGD, PGX and AWF. Here's all together on one graphic: https://stockcharts.com/freecharts/perf.php?HYZD,HYG,JNK,RAVI,CWB,FGD,AWF,PGX Stretch the X-axis to full length to see their similarities and differences. With the right settings these can be AIM'd in a slow motion sort of way. Some are better for AIM than others. Tom
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.