Friday, March 11, 2005

Dreyfus High Yield Strategies Fund

Dreyfus High Yield Strategies Fund is an ETF investing in high yield corporate bonds. Its a good way to diversify your portfolio for income, especially considering the new 15% federal tax on dividends. Every month, it pays out a dividend of $0.04. Currently, its trading at $4.74, so its yield is about 10 percent. The price has stayed relatively stable for a while. For more information, click here: http://finance.yahoo.com/q?s=DHF&d=t.

No comments: