Duff & Phelps Utility & Corp Bond Trust (AMEX:DUC)
A diversified, closed-end management investment company. It wishes to seek high current income consistent with investing in securities of investment grade quality.
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With banks paying so little, this bond pays out month after month. This is one for just a pure income stream until the rates go back to something decent.
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Rock solid and pays a nice dividend.
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steady income...companies make sure their bonds are paid first.
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bond fund.
time to call outperform on these vs S&P 500 & rack up points.
S&P at ~1040 today, September, 2009
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good income CEF
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Go for the dividend stream!
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