Best Income Funds 2009
With the Dow moving up nearly 200 points today, many investors are saying what the best Income Funds 2009 are so far.
One of the areas to look at is in the convertible funds. There, investors will find Calamos Convertible Fund A which has a trading symbol of CCVIX. It has a current stock price of$18.54 as of 10/29/09. This stocks performances of this year so far or YTD is up +30.82% and over the last year it is up +40.04%. This fund was started back in June 21, 1985. It has a Morningstar rating overall as a return at above average and the risk level at below average. The total assets of this fund are $2.56 billion.
Another fund to look at is the Franklin Convertible Securities A with a trading symbol of FISCX. The current stock price is $12.44 as of 10/29/09. This fund’s year to date return is +39.73% with a one year return of +43.69%. The fund’s inception date was April 15, 1987 and has a Morningstar rating overall as a return at average but the risk is at above average. The total assets of this fund are $775.7 million.
If an equity fund is more to your liking then look at the J Hancock2 Lifestyle Conservative A LW with a trading symbol of JALRX. The current stock price is $12.17 as of 10/29/09. This fund’s year to date return is +20.18% but for the last year is +22.77%. The fund’s inception date was 11/03/05 and has a Morningstar rating on return at above average and the risk is at average. The total assets of this fund are $2.1 billion.
These are three worth Stock Market Investing as some of the best Income Funds 2009 so far.