3 Mutual Funds that are currently yielding 10% or more - Highest Yielding Zacks #1 Ranked Funds

With record low interest rates, anemic yields in Goverment bonds coupled with Treasuries hitting a 2011 record low yield today of  2.72%, there are very few if any investment vehicles out there with a high yield.

The following is a list of 3 mutual funds that are currently yielding over 11% more than  4 times the current yield of the benchmark 10 Year treasury bond.

All of these funds are highly liquid with a high

and at least $40 million or more in assets under management in the fund.

- invests in a diversified portfolio of high yielding "junk bonds". The fund has $41 million in assets under management and has an expense ratio of 1.20%

The fund manager is Scott L. Barbee, he has been managing this fund since 2008.

this fund mainly invests in high yielding dividend paying Utiility stocks.

This fund has $2.2 billion in assets under management and has a 1.43% expense ratio.

- is a highly diversified mutual fund that invests in mostly real estate securities in international markets, both developed and emerging.

This mutual fund has a very low expense ratio of 0.41% well below the category average of 1.5%