[turbo6bar]

Unless you have a good chuck of change, I think a high-yield bond fund is the way to go. I could be totally wrong, but I believe you need $10k to get into a corporate bond versus maybe $1000-2500 for a bond fund. The downside to a high-yield bond fund is risk (you are guaranteed jack as far as rate). Fidelity, or any other online brokerage, offers a web interface for selecting/screening bonds.