FYI: Last May, when Barron’s interviewed Steve Janachowski, a financial advisor in San Francisco, he described his 7 favorite income funds for yield and diversification. These were funds he recommended clients combine in various amounts depending on their risk tolerance and income needs.
Now Janachowski is recommending a more conservative crop of income funds. Barron’s talked to him last week and, while he still favors some of the same core bond funds, he has lately dropped the emerging market and high yield funds from his mix.
Regards,
Ted
http://blogs.barrons.com/incomeinvesting/2016/04/05/5-income-funds-with-less-risk-more-return/tab/print/
