Junk bonds... I have an old account with some Funds in it...I was waiting for them to be old enough to sell without penalty. That time is well past and I noticed that one of them is an ING "High Yeild" corporate bond fund...it has only returned 12% in the last year. I guess it won't be around ANOTHER YEAR !!! catman...ISYA
PS...I can't imagine ANYTHING that could induce me to buy another Mutual Fund of ANY kind....I feel bad enough when I loose my OWN money, when I'm PAYING somebody ELSE to loose it...I get down right ANGRY !!! On the OTHER HAND...I have three different Nuveen funds now that have returns of 15/25/36% returns on them just in the last 12 months...they might be around a little LONGER !!! :^)