Portfolio Manager Bruce Monrad discusses where he is finding pockets of value in the High Yield space in our latest podcast.
Listen here (4:04):
BOSTON — It is with great sadness that Northeast Investors Trust announces the passing of its long-time former Chairman Ernest “Ernie” E. Monrad, who died on June 27, 2020. But it is with great pride that the Trust celebrates the life of a man who educated the markets on how to invest for income and who spent the better part of his life supporting the field of education.
0:00 Stock reaction to COVID-19 0:43 Bond reaction to COVID-19 1:23 Fed assessment of recovery 2:36 Bruce’s take on the rebound 3:43 Interest rates and income investing 4:55 Active vs Passive 6:18 Fed bond buying and high-yield 7:22 The presidential election and possible tax reform