Any bond fund recommendations?

[fenders53]

(12-18-2019, 12:46 AM)crimsonghost747 Wrote:

(12-17-2019, 06:51 PM)fenders53 Wrote: Callable bonds sound like what I want.

I think you mean non-callable. 
Callable means that the issuer can call them back, usually anytime after a defined date. That is generally bad news for the investor since they will only call the bond back IF they can get cheaper money elsewhere, meaning that the interest rates are probably lower than they were at the time of the bond issue. So then you would be looking to park your money again somewhere, probably at a lower rate. 

Callable also brings in an added level of risk whenever you purchase the bond for a premium. And I think you will find that the very large majority of corporate bonds out there are currently trading at a premium.

Yes I meant non-callable, and it would almost have to be a new issue to not trade at a significant premium.  .