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For those investors looking for some diversity in an income portfolio and having trouble finding the right combination of yield and risk profile, consider these six individual bonds (in no particular order):

Alcoa (AA) describes itself on its website as the “world’s leading producer of primary aluminum and fabricated aluminum, as well as the world’s largest miner of bauxite and refiner of alumina.” Its Senior unsecured note (CUSIP: 013817AJ0) maturing 2/1/2027 has a coupon of 5.90% and is currently asking 99.486 cents on the dollar (5.951% yield-to-maturity before commissions). It has a make whole call, conditional puts for a change of control, and pays interest semi-annually. Moody’s currently rates the bond at Baa3, S&P at BBB-.

Best Buy (BBY) describes itself on its website as a “multinational retailer of technology and entertainment products and services with a commitment to growth and innovation.” Its Senior unsecured note (CUSIP: 086516AL5) maturing 3/15/2021 has a coupon of 5.50% and is currently asking 95.40 cents on the dollar (6.153% yield-to-maturity before commissions). Beginning 12/2020, it is callable at the greater of 100 or make whole and pays interest semi-annually. Moody’s currently rates the bond at Baa2, S&P at BBB-.

U.S. Steel (X) describes itself on its website as a company which “manufactures a wide range of value-added steel sheet and tubular products for the automobile, appliance, container, industrial machinery, construction, and oil and gas industries.” Its Senior unsecured note (CUSIP: 912909AF5) maturing 4/1/2020 has a coupon of 7.375% and is currently asking 96.25 cents on the dollar (7.995% yield-to-maturity before commissions). It has a make whole call, conditional puts for a change of control, and pays interest semi-annually. Moody’s currently rates the bond at B1, S&P at BB (non-investment grade ratings).

Vulcan Materials (VMC) describes itself on its website as the “[United States’] largest producer of construction aggregates, a major producer of other construction materials including asphalt and ready-mixed concrete and a leading producer of cement in Florida.” Its Senior unsecured note (CUSIP: 929160AQ2) maturing 12/1/2016 has a coupon of 6.50% and is currently asking 98.75 cents on the dollar (6.795% yield-to-maturity before commissions). It has a make whole call, conditional puts for a change of control, and pays interest semi-annually. Moody’s currently rates the bond at Ba2, S&P at BB (non-investment grade ratings).

Weyerhaeuser (WY) describes itself on its website as a company “involved in nearly every facet of the forest products industry, from growing and harvesting trees to producing products that are fundamental to human needs.” Its Senior unsecured note (CUSIP: 962166BT0) maturing 12/15/2033 has a coupon of 6.875% and is currently asking 98.617 cents on the dollar (6.998% yield-to-maturity before commissions). It has a make whole call and pays interest semi-annually. Moody’s currently rates the bond at Ba1 (non-investment grade rating), S&P at BBB-.

And what list would be complete without at least one bond from a too-big-to fail U.S. bank:

Bank of America (BAC) is the large multinational banking giant that purchased Countrywide and Merrill Lynch during the financial crisis. Its Senior unsecured note (CUSIP: 06051GEE5) maturing 1/5/2021 has a coupon of 5.875% and is currently asking 97.904 cents on the dollar (6.177% yield-to-maturity before commissions). It is non-callable and pays interest semi-annually. Moody’s currently rates the bond at Baa1, S&P at A.

If you are interested in purchasing any of these securities, but are nervous about current economic conditions wreaking havoc on your portfolio over the coming months, learn how to hedge individual bonds in my article, “Protect Your Income Portfolio With Cross-Asset Hedging.”

Please be aware that prices in the over-the-counter U.S. bond market may vary depending on the broker you use. The current prices may also differ greatly from those listed at the time of writing this article.

Also, please do your own due diligence on the financial profiles of the companies mentioned in this article. Only you can determine if taking the counterparty risk of purchasing individual bonds is suitable for you.

Source: 6 Bonds To Consider Buying Right Now

Additional disclosure: I am long CUSIP numbers 013817AJ0 (Alcoa), 086516AL5 (Best Buy), 912909AF5 (U.S. Steel), and 962166BT0 (Weyerhaeuser).