In this video, Rebecca Young, Portfolio Manager within the Strategic Fixed Income team, explains why there is more than meets the eye in the US high yield market and discusses the teams approach to achieving ‘sensible income’.
The US high yield market has produced attractive returns year to date at a time where there is continued demand for yield
However, there is an increasing level of dispersion in the market, whereby fewer bonds are trading at or around the credit spread of the index
Sticking to a sensible income approach to investing can help the team to achieve a reliable, stable income stream for investors
The index quoted is the ICE BAML US High Yield Index in US dollars, 11.5% year to date return as at 12 September 2019.
This video was recorded on 12 September 2019.
These are the views of the author at the time of publication and may differ from the views of other individuals/teams at Janus Henderson Investors. Any securities, funds, sectors and indices mentioned within this article do not constitute or form part of any offer or solicitation to buy or sell them.
Past performance is not a guide to future performance. The value of an investment and the income from it can fall as well as rise and you may not get back the amount originally invested.
The information in this article does not qualify as an investment recommendation.