Author: Michael Foster, Contrarian Outlook

You’ll get $1,175 per month for every $100k you put in, and it works well to temper the volatility of your overall portfolio, too.

While stocks have priced in many of the improvements in the US economy, corporate bonds haven’t. Which is the basis of our opportunity here.

One yields 8.9% and is trading at a 9.1% discount.

This fund’s investors have gotten the same returns as tech investors more generally over the last 12 months, but a huge slice of those gains have come in CASH, thanks to its huge dividend.

Its yield is so large we can forget about both Wall Street’s financial products AND its “4% rule”.