This Element is an excerpt from Higher Returns from Safe Investments: Using Bonds, Stocks, and Options to Generate Lifetime Income (9780137003358) by Marvin Appel. Available in print and digital formats.
A world-class bond expert picks the specific bond mutual funds that look most attractive right now.
I suggest some of the most attractive, trustworthy bond mutual funds. But first, if your fund reports an SEC yield, that is the single most informative piece of data to describe potential return if interest rates and credit ratings remain stable. The SEC yield is the yield to maturity less fund expenses. Here is an example of how important it is.