As part of a press released issued today, the Mutual Fund Site is pleased to announce that its top pick is Janus Capital’s High Yield Fund (JAHYX). This fund is arguably the strongest performing fund in the high yield investments segment. While we cannot sell this fund through the site (you will need to speak with your planner as we are an information-only service), we can provide the following bullet points about this fund:

• Below average risk while achieving above-average returns for the past year, 3 years, 5 years and 10 years
• Tenured management (Gibson Smith since 2003)
• Average credit rating of holdings is B rated
• Average Yield is 11%

As noted in the actual release, we believe that Janus has properly traded the Yield curve with their current top 25 holdings. Additionally, we expect to see turnover (currently 109) slow over 2010 and 2011 as spreads between corporate and government issues narrow heading into late 2010 and early 2011. This presents the opportunity for safe growth within the fund, particularly as corporate credit risk diminishes with time.

We also believe that this fund has properly positioned its trading over the past year or so to take full advantage of downgrades by rating companies. It seems evident now that the fund managers were able to pickpocket the best opportunities insofar as corporate bonds were concerned in 2008 and early 2009. There are strong fundamentals backing virtually all of the fund’s Top 25 bond issuers, which we believe to be a truly exciting opportunity for today’s market-sensitive investors.

While there are other bond funds that have outperformed the High Yield Fund, we firmly believe that no other is as well-positioned for above average returns given the below-average risk shown here.

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Mutual Fund Site Admin Team