Hope You Are All Well.
I have been reading up on corporate bonds and other fixed interest securities with the intention of investing a proportion of my diversified portfolio in Bonds. I wish to receive a return of 8% - 10% while keeping an eye on risk. I have constructed the following portfolio which will represent 25% of my entire holdings of Cash, Dividend Aristocrats, P2P Lending and Index Funds. Please can you offer me some Constructive Criticism and advice as this is the first time I'm embarking on Bond Investing for the LONG RUN. My goal is INCOME.
(1) Barclays Bank Plc 14 Coupon Price 133.801 Yield 10.573% (Does Not Have a Maturity Date)
(2) Investec 9.625 Coupon Price 110.507 Yield 7.813% (Expires 2022)
(3) Old Mutual 8 Coupon Price 107.157 Yield 6.743% (Expires 2021)
(4) (PIBs) Co-Oerative Bank 13% Perp. Sub Bonds Price 105
If anyone has any suggestions to add to the portfolio or removal from the portfolio I would be grateful.
Thank YOU in advance