Each week we strive to find what we believe are currently the best corporate bonds for investors needing or seeking good cash flow and high yields with the least amount of risk possible relative to the projected returns. This week, we look at short 3¼ year Yankee bonds (in US dollars) from Camposol, the leading agro industrial company in Peru, the largest exporter of asparagus in the world, and soon to be the leading producer of avocados in the planet. Although the approximately 8.45% yields currently indicated with this bond only carries a B rating from Standard & Poor’s, the following review shows why we see these 39 month high yield notes are a good choice to both increase cash flow and preserve capital. We also believe this debt instrument offers sound diversification away from the financial services sector of the global economy. Consequently, we think these bonds are a savvy choice for two of our high yield managed income portfolios, Fixed-Income1.com and Fixed-Income2.com.
Continue reading 8.45% Yields from Camposol S.A. Yankee 39 month bonds