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Investing/Strategies / Bonds & Fixed Income Investments
|Subject: Re: Bonds - corporate||Date: 6/22/2013 4:31 AM|
|Author: howardgt||Number: 34987 of 35930|
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:
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.
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