Dividend Dreams

This fund is mostly focused on Australia and South Korea followed by the Philippines and Hong Kong. It is 65% invested in corporate bonds followed by 29% government bonds and has an average rating of A+. They also make use of roughly 25% leverage which isn’t a bad thing considering they are using cheap money to buy better paying bonds.

Here are some of the relevant stats:

Yield: 6% paid monthly (currently $.035/share)
Cap: 1.74B
Volume: 800k
Fees: 1.37%
Beta: 0.74
Cost: 6.55 (selling at a 2.5% discount to NAV)

If you need a little Asian coverage with the stability of Australia as well then this may be a fund to research further.

CIK is a nice bond fund with the following stats:

- Yield above 10% & dividends payed out monthly
- Fees of .73%
- Trading at a slight discount
- Historical return of over 5% since inception 20+ years ago
- Morningstar rated as 5 stars
- Over 300 holdings & enough volume to get in/out when you want

It does hold almost exclusively lower-grade bonds so be sure to check it against your risk tolerance and let me know what you think about it.

Article

He makes a lot of good points about the current environment. He isn’t overly optimistic but certainly has a realistic view. Take a moment and read the article.