Chuckanut
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
I have been looking at some targeted bond funds recently. Most mature between 2-5 years. The ups are a higher interest rate than I can get on a CD for the same time period, and a fixed end to the fund, unlike a 'normal' bond fund. The cons? Well, if a company goes bust and does not pay its bondholders, obviously that will reduce the yield. Any other significant cons that you can think of?