Part of my portfolio is medium risk funds/investments with monthly dividends, Added more today Allianz US High Yield Fund - U62498(HSBC Code) as fund price is near 2011 lows due to steady increase in US Treasury % and end of QE3 which is bond buying.
This fund is rated as 3 out of 5 by HSBC, and Morningstar Rating of 3 out of 5 stars
This fund mostly consists of US Corporate Debts which I prefer compared to European or High Debt countries like Portugal, Spain, Greece and so on.
Could also be referred as "Junk Bonds" since mostly having Credit Rating of BB and below
Dividend Yield raised to 7.97% as Fund price went down to 9.85
My average price: 10.20
Current Price: 9.85
Cash Available: 60%
Strategy:
I unloaded during 10.40 levels and steadily doing buybacks for Monthly Dividends
My strategy is Long Term Cost averaging, Monthly dividend collection and will unload on probable US Bull Market peak
*HY Bonds usually are flactuating and direct reasons are US Stock market, European Stock Market, Corporate Cashflow itself and Goverment Treasury Yields
** This fund is offered by Allianz and available mostly on any broker
***Listed in Bloomberg
No comments:
Post a Comment