6 Bond Funds to Boost Your Income

In part because of the election of Donald Trump, the yield on U.S.

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In part because of the election of Donald Trump, the yield on U.S. bonds—the percentage of your investment you get for holding them—has soared. For bond investors who seek relatively high income without taking inordinate risks, that spells opportunity.

You should be gradually filling out your long-term portfolio with more debt. Consider my eclectic mix of bond funds here, including mutual funds and exchange-traded funds that focus on investment-grade bonds, high-yielding "junk" bonds or tax-free municipal bonds.

Pick a mix of our six to match your desire for yield and tolerance for risk.

(All yields and prices are as of December 31.)

James K. Glassman
Contributing Columnist, Kiplinger's Personal Finance
James K. Glassman is a visiting fellow at the American Enterprise Institute. His most recent book is Safety Net: The Strategy for De-Risking Your Investments in a Time of Turbulence.