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Author: londo Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75871  
Subject: 401K "Junk Bond" Fund Date: 1/5/1998 7:45 PM
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Howdy,

My employer is offering a bond fund in our 401K for
the first time. The one they chose is Merrill Lynch
Corporate Bond Fund - High Income (MAHIX). The
prospectus is careful to point out that the portfolio
is largely made up of junk bonds. Despite the
negative connotations, and higher risks, of junk bonds,
the fund has actually done quite well the last few
years. Still, seems a funny choice for our only
bond option. I would like to put 15% of my money into
bonds. Is a "junk bond" fund a safe place to do
this? Thanks,

Londo
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