The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Bonds & Fixed Income Investments

URL:  http://boards.fool.com/how-has-junk-been-faring-compared-to-higher-30744913.aspx

Subject:  Re: Bonds - corporate Date:  6/22/2013  4:31 AM
Author:  howardgt Number:  34987 of 35345

How has junk been faring compared to higher quality?

Don’t know about higher quality bonds but here are some numbers from my almost all junk portfolio.
I hold about 95 unique issues within approximately 65 corporations:

date port value% CY% YTM% JNK(ETF) S&P
5/31 100.0 9.3 12.3 40.58 1630.7
6/14 98.2 9.5 12.8 40.22 1626.7
6/21 96.7 9.6 13.2 39.14 1592.4

So this month, S&P is down 2.35%, JNK (ETF) is down 3.55%, and my junk port is down 3.3%.
But the 9%+ CY and the frequent call redemptions and tender offers at par+ seems like a big advantage over an ETF in this current weak market.

So junk is really not doing that bad…
By comparison, my CA munis are down about 4.5% this month.

Howard
Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us