- 'Black Swan' Shuns Public Life Because of Bernanke
- Look Ahead: Markets Count Down to US Jobs Report
- FHA to Toughen Mortgage Rules in Lenders Crackdown
- Obama to Send More Troops; Seeks Afghanistan Exit
- GM Removes CEO Henderson; Whitacre is Interim Chief
- Who Were the Biggest Winners And Losers This Year?
- GE, Comcast Complete Deal Over NBC Universal: Source
- Case Closed but Woods Scrutiny Continues
- Super Fantasy Christmas Gifts of 2009
- Unemployment to Peak at 10.5%: Moody's Economist
- 8 Stocks to Gain on Obama's Afghan Plan: Analysts
- BofA On Proposed Changes In The Housing Bailout Program
- The Future of The Media Landscape
- November Auto Sales Muddle Along
- Busch: What Obama Won't Say Tonight
- Stick with Equities—Avoid Emerging Markets: Laszlo Birinyi
- Pfizer Chomps On A Carrot
- Predictions 2010: Technology
MOST SHARED
- Keeping America Great
- Cisco Has 84% of Tandberg, Won't Extend Bid
- Kohlberg Kravis Bidding for Morgan Stanley's CICC Stake
- GE, Comcast Complete Deal Over NBC Universal: Source
- Australia Regulator Opposes Caltex-Exxon Deal
- UK Economy Turned, Inflation to Spike: BoE Economist
- Case Closed but Woods Scrutiny Continues
- Australia Parliament Rejects Carbon Trade Laws
Text Size 
Don't let the summer doldrums grab hold of your portfolio. We've rounded up several five-star mutual fund managers to offer up on their latest strategies and best investment ideas.
Don Shute -- IMS Strategic Income (IMSIX)
This isn't your father's bond fund. The IMS Strategic Income has the ability to invest in a wide array of income-producing securities. At the moment, Don Shute says the fund put more than one-third of the fund's assets in high-yield bonds and about 20% in common stocks. Shute also can invest as much as 25% of its assets in foreign securities.
The strategy has produced a 6.58% return year-to-date, according to Morningstar. Over three-years, the return is 12.62%.
Shute discusses which investors should own the fund, which he sees as a complement to a more traditional bond fund. You'll also hear about: Coalcorp Mining and Argentina's Industrias Metalurgicas.
Henry Ellenbogen -- T. Rowe Price Media & Telecom Fund (PRMTX)
A series of bets in the rapidly changing media and telecommunications industries have allowed Henry Ellenbogen to nearly triple T. Rowe Price Media & Telecom Fund's assets over the past five years.
"This is a fund that really does focus on absolute returns," Ellenbogen told CNBC's "Squawk Box." "We're not concerned about any benchmark."
Ellenbogen tends to concentrate his investments in a few areas where he sees growth potential. Right now, one of his favorite segments is the providers of wireless data and voice towers such as American Tower, Crown Castle and SBA Communications.
He also discusses why he likes "all-you-can-eat" wireless providers such as Leap Wireless and Metro PCS and outdoor advertising companies.
"You can't Tivo traffic," Ellenbogen says, discussing Lamar Advertising and Clear Channel Outdoor Holdings, his top picks in the billboard space.
Print
Email
- Will the Fed raise rates? Will the dollar continue its slide? CNBC experts weigh in on the year ahead.
- What may make this decade stand out are the extremes. After one of the worst global recessions ever, we take a look back.
- Goldman Sachs has forbidden employees from gathering in private holiday parties of 12 or more.
- Do you have what it takes to run your own business? Ask yourself these questions.
- Heavily armed pirates in Somalia have set up a sort of stock exhange to fund their hijackings.
- Since its launch in 1998, Google has become a primary force on the Internet. How much do you know about the company?
Data is a real-time snapshot *Data is delayed at least 15 minutes