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Be sure to check out DHY and ASG, two |
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funds that could lead great things. |
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Released on Monday, October 24, 2011, 8:00 AM ET
Pittsburgh, PA (SpeculatingStocks) -Sometimes we don’t look enough at funds. These days, funds are becoming one of the norms of investing for many people. They allow instant diversity across several stocks and lowering the total volatility of the portfolio, and in some cases the total return, but with lower returns comes more safety. We have found two funds which are great for that safety but tied to nice growth.
Credit Suisse High Yield Bond Fund (AMEX:DHY) is currently trading at a nice low $2.88 per share (4:00 PM EDT, October 21st, 2011), has a nice yield on equity with an EPS of $0.44 and a price that is 6.55 those earnings. But even if you are worried of the appreciation of a non-diversified credit fund, take heart in the returns from the dividends which yield about 11% annually.
Liberty All-Star Growth Fund Inc. (NYSE:ASG) has been trending down over the past few months, for no apparent reason except that it has been following the market, and nearly one-third of the fund’s portfolio is invested in mega capitalization companies. But fast stochastic have rebounded and indicate that the stock’s price could be experiencing a momentum upswing. MACD has been moving under the EMA but seems to have bottomed out on the graph while EMA continues to trend toward it; the two could cross soon indicating a upward movement as well.
So there you have it, two funds to invest in, perhaps they will get you the funding you need to go on that much needed vacation, or start that addition to your house, whatever your purpose, be sure to look at these groups.
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