Interview (1011)
A multi-manager approach to investing is generally expected to offer lower volatility and a higher degree of predictability of returns in the long term. Gerard Fitzpatrick, portfolio manager of the Russell Strategic Bond Fund, highlights the allocation of capital to a carefully chosen group of managers to generate better-than-market returns
Although fixed income markets are efficient with respect to interest rate risk, regularly mispriced securities exposed to credit, prepayment, and liquidity risks offer premium return potential to investors empowered with the analytical resources to research companies and study their capital structures. Thomas H. Chow and his team at the Delaware
Thornburg Limited Term Income Fund
As a mixture of differing maturities and varying degrees of risks, the fixed income universe is open to a range of market perceptions of those risks in line with the changing economic cycles and business environment. At the Thornburg Limited Term Income Fund, Lon Erickson and his team search for
An adequate approach to risk management often requires a more versatile approach to research and an ever-changing point of view. At The Hartford High Yield Fund, Christopher Jones and his team benefit from proprietary research that delves into the current business cycle and economic environment both from a top-down and
Corporate bonds can be lucrative for disciplined investors with a systematic valuation model applicable to sectors and businesses. Gregory L. Tornga and his team of analysts at Edge Asset Management, the sub-advisor to the Principal Income Fund, drill down sectors to find out-of-favor companies whose management teams have a history
Western Asset High Income Fund
Understanding company fundamentals and trends in business metrics is an essential part of high yield bond investing. Michael Buchanan, portfolio manager of Western Asset High Income Fund, complements his credit selection with key findings from an internal team of seasoned global analysts.
Dreyfus Intermediate Term Income Fund
The global fixed income market is huge and well diversified to offer a number of investment opportunities to investors seeking to benefit from capital appreciation and current income. David Bowser, portfolio manager of Dreyfus Intermediate Term Income Fund, looks for opportunities through sector rotation and securities selection in the
Leveraged loans and high yield bonds today account for more than 10% of all bonds traded in America. Bryan Krug, portfolio manager of Ivy High Income Fund, believes that this segment of the fixed-income universe offers profitable opportunities for disciplined investors who take time to explore a company’s
One of the intricacies of the bond market is that it comprises several segments with varying and changing risk profiles. The portfolio management team of the ING Intermediate Bond Fund adheres to a risk-controlled strategy in search of changing opportunities among different sectors in the bond market.
BlackRock High Yield Bond Fund
Investing in high yield securities calls for a deep understanding of companies, sectors and global macro events. At BlackRock High Yield Bond Fund, James Keenan and a dedicated team of research analysts approach their investable universe with an open mind to risk scenarios in search of companies with improving cash
