Income Fund up 9.66 Percent in Six Weeks (NicholasVardy.com)
For investors looking for income immune from the Fedâ??s artificially low interest rates, thereâ??s PIMCO Municipal Income II (PML). PML is an actively managed, highly leveraged municipal fund thatâ??s posted a 9.66 percent gain in the first six weeks of 2014. But thatâ??s par for the course as PMLâ??s returns have topped all of its peers since the 2008 market meltdown, returning an annualized 8.7 percent. If youâ??re tired of chasing yield from stocks, PMLâ??s worth a look.
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