My high yield fund has performed decently, up 16.18 percent in the past month versus 12.75 percent for the S&P 500 Index. After trailing the market for two years from 2006 to 2008, the fund started to outperform in the fall of 2008, when I avoided some of the crash. Unlike most of my other funds, I've kept Yield close to fully invested, with cash currently around 6 percent.
The returns since inception are acceptable, considering many mutual fund managers failed to beat the S&P 500 Index. Since inception the fund is up an annualized 1.27 percent, dividends and fees included, compared to -1.30 percent for the index, a difference of 2.57 percent, annualized.
The fund currently yields 5.41 percent.
The S&P 500 Index currently yields about 3 percent.
NAR: Pending Home Sales Increase 1.6% in February; Down 7.0% Year-over-year
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From the NAR: Pending Home Sales Rose 1.6% in February
*Pending home sales in January grew 1.6%*, according to the National
Association of REALTORS®. The M...
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