Re: Is There a Good Stable Value Fund?
I would suggest a blend corporate bond fund, such as Janus Flexible income JAFIX. It has a 10 year return (from today) of 7.85%. As for stability, head over to MSN investor and put JAFIX on a 10-year graph with the chart set to "investment growth" (from an initial $10,000 invested). On that 10 year graph you'll see that JAFIX is quite stable as well... only very slighly wavy line that goes straight up.
7.85% with virtually no volatility is the closest i can get you to the holy grail. If you want more return, we're going to have to talk share price fluctuation :-)