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IBD's Paul Katzeff: Want Income? Let A Mutual Fund Manager Find It For You
One of several reports I wrote in a special section devoted to income strategies. This report focuses on strategies for using mutual funds to generate income.
For disclosure, I purchased AMJVX at its inception. I do like this kind of investment for income. It comes already diversified and having the unconstrained benefit gives the managers plenty of opportunity to go where they feel they can to achieve income.
AMJVX (same as AMJAX in the article) is my core holding in the income portion of my port.
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AMJVX (same as AMJAX in the article) is my core holding in the income portion of my port.