Investing: Fund Fad: Dividends

A number of new stock funds seek high yields--and some even make sense

Never mind that dividend-paying stocks have been left in the dust lately. Their favorable tax treatment makes them a compelling story for at least the next few years and possibly much longer. But before jumping in, you'll want to take a good look at what you're buying. Dividend strategies vary for different investors, and a slew of new dividend-oriented mutual funds are confusing what should be a fairly simple theme.

When it comes to dividends, two things have always been important: they must be secure, and they must rise over time. Any number of proven income-oriented stock funds can help you...

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