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Maybe Price's PRHYX is really the best. At least they were smart enough to close it to new investors two years ago.
These types of questions bug me. Best fund? Best wine? Best vacation spot? Best spouse? All depends on situation, risk tolerance, and time horizon. For some there may not even be a best junk fund. They'd be better off in a low cost hybrid that varies exposure to junk and other assets.
Article mentions some great funds. However, there's no guarantee either manager or current attractive fee structure will still be there five years from now. And when you hype a fund like this $$ pours in (unless they've already closed it). Resultant flood of $$ (bloat) creates problems not all managers deal with effectively.
Junk article? No. Not quite. However from many posts I'm beginning to suspect there must be a robo-writer out there (maybe gifted by Steve Jobs). Punch in 10 minutes worth of data and head for the links (not Ted's). Robo-writer finishes off the article pulling catchy lines from a stored bank of time worn cliches as necessary and publishes. Regards
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Note: right click onto the "200 day" slider icon near the bottom, right of the chart and select "All" for a long time frame.
Take care,
Catch
These types of questions bug me. Best fund? Best wine? Best vacation spot? Best spouse? All depends on situation, risk tolerance, and time horizon. For some there may not even be a best junk fund. They'd be better off in a low cost hybrid that varies exposure to junk and other assets.
Article mentions some great funds. However, there's no guarantee either manager or current attractive fee structure will still be there five years from now. And when you hype a fund like this $$ pours in (unless they've already closed it). Resultant flood of $$ (bloat) creates problems not all managers deal with effectively.
Junk article? No. Not quite. However from many posts I'm beginning to suspect there must be a robo-writer out there (maybe gifted by Steve Jobs). Punch in 10 minutes worth of data and head for the links (not Ted's). Robo-writer finishes off the article pulling catchy lines from a stored bank of time worn cliches as necessary and publishes. Regards