San Diego, CA, December 18, 2008 --(PR.com
)-- LJL Funding, LLC, the manager of the LJL Secured High Yield Income Fund I, LLC (the "Fund") is pleased to announce its November 2008 investor distribution. This marks the 18th consecutive month the fund has made investor distributions. The annualized year-to-date yield as of November 30, 2008 is 10.53%. The Fund is on track to meet its yearly goal of delivering an annual yield of over 10% - a goal that the fund has achieved annually since its inception.
The LJL Secured High Yield Income Fund I, LLC is an actively managed mortgage trust deed fund whose investment objective is to provide investors in the Fund with a stable stream of monthly distributions while maximizing long-term total returns. It sources its trust deeds through a wholesale lending channel and keeps the portfolio under 60% loan to value, which means that it keeps at least 40% protective equity on every transaction funded, based on very conservative valuation methods. Through the use of consistent funding and dollar-cost-averaging, investors in the fund benefit from a portfolio that adjusts with market conditions.
“Of course, we are enormously pleased with the performance of the Fund," states LJL Funding’s President and Fund Manager, Johann deVilliers. "These impressive results stand as a testament to the strength and resilience of our lending strategies and methods, and validate our firm's unique approach to the mortgage market. Recent weeks have provided a trial by fire for most of the investment firms out there and a great many haven't fared very well. It is gratifying to see our business model, as defined by careful scrutiny and well thought-out underwriting decisions made by our managers, has been validated by the marketplace. Our due diligence department is extraordinarily careful in selecting high-quality assets upon which to lend, and the Fund has performed brilliantly even within today's chaotic market conditions. Our investors are profiting as a result."
This news release contains forward looking information. Actual future results may differ materially. The risks, uncertainties and other factors that could influence actual results are described in the LJL Secured High Yield Income Fund I, LLC Offering Circular and Operating Agreement and other documents filed with regulatory authorities. For more information visit www.LJLFunding.com or call 888-456-0246.
LJL Funding, LLC
Jeffrey W. Arnold
8880 Rio San Diego Drive #500
San Diego, CA 92108