These 21 Safe Funds Pay Monthly, Never Go Down
October 30, 2019 at 05:00 AM EDT
“Brett, give me some bond funds with big yields. And it’d be great if their prices never went down!” My money manager friend was chasing the holy grail of retirement income. He wanted safe payouts from bonds to balance his clients’ stock exposure. “How about the Artisan High Income Investor Fund (ARTFX) ?” I replied. “It pays a steady 6% or so. And it never goes down.” Up, Up, Up With Barely a Blip “The only problem is that it doesn’t quite have double-digit yearly return potential. And that’s prevented me from recommending it to my Contrarian Income Report subscribers.” Our CIR portfolio has returned 11.7% per year since inception.… Read more
