SPY - BGH: An Underfollowed But Surprisingly Good Junk Bond Fund

• Investors struggle to obtain any significant yield to support themselves in today's environment.
• BGH invests in a portfolio of short-term junk bonds to help investors overcome that problem.
• Although these are junk bonds, the overall quality is reasonably high, so the bonds are likely to be quite safe.
• The fund's 7.36% yield is easily covered by its income.
• The price is fairly attractive at its current level.

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