Re: FT: Carlyle faces more margin calls

Thanks for the warning.  That thought crossed my mind so I am warry.  BCHYX

is the fund.  I am getting 4.7% with this fund.

The individual bonds that return 5.6% are 20 year bonds and I do not think

it is wise to lock into interest rates for that length of time.  Also,
most 
all those bonds are callable and the yield to call is much less.

Vito


"John Galt" <whoisjohngalt@[EMAIL PROTECTED]
> wrote in message 
news:caOAj.21736$fB7.8947@[EMAIL PROTECTED]
>
> "Uncle_vito" <uncle_vito2002@[EMAIL PROTECTED]
> wrote in message 
> news:xYCdnamsovAu5E7anZ2dnUVZ_siknZ2d@[EMAIL PROTECTED]
>>
>> "John Galt" <whoisjohngalt@[EMAIL PROTECTED]
> wrote in message 
>> news:3WAAj.25456$Tj3.6833@[EMAIL PROTECTED]
>>> dividend paying stocks. Plenty of both right now, and they appear to
be 
>>> the way for the average guy with cash to make out in this market.
>>>
>>> JG
>>
>> I have 12% of my non qualified (taxable) ****tfolio in a muni bond fund.

>> However that took a hit about a week and a half ago over MBI and ABK 
>> insurance scares.  Seems to be coming back.  I was looking at
individual 
>> bonds but the fund has a much higher return.  Only fear about the fund
is 
>> being upside down when interest rates rise again.  I doubt interest
rates 
>> will rise anytime soon., however.
>
> Individual quality bonds currently return 5-6% tax free. If your fund is

> doing better than that, they're doing it with lower quality issues and 
> (most probably) borrowed money. Beware.
>
> JG
>