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One such fund, Wells Fargo Cash Investment, has a current yield of 5.72percentt.
That is obvious for those buying, say, German bonds on a current yield of 1.2%.
The Threadneedle fund has a current yield of 3.9%, investing mainly in large UK companies paying consistent dividends".
The Jupiter fund is "a flexible, go-anywhere fixed-interest fund, with a current yield of 5.8%.
Lennar, another large builder, broke ranks with the group in September by raising the company's annual dividend to $1 a share from 5 cents, for a current yield of 1.09percentt.
It has a current yield of about 6%.
Similar(41)
Equal-weighted investments in both emerging market debt and equity will provide a combined current yield of 4% per year and a significant long-term opportunity for capital appreciation.
The 21 securities have a composite current yield of 9.3%.
To have a comparable yield, the old bond with 5% coupon rate would have to drop about 10% in price (to sell at $909) to have a comparable current yield of 5.5% and be equally attractive ($50/0.055 = $909).
Oil production in Alaska, which has been in decline for decades, could be doubled in the meantime from its current yield of 680,000 barrels a day by opening up the Arctic National Wildlife Refuge and Arctic waters that are currently closed to drilling.
That translates into an earnings yield of 5.5percentt, much higher than the current yield of 4.09percentt for the 10-year Treasury note.
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