An alternative to what may be a fully-milked high yield sector is leveraged loans, says David...
An alternative to what may be a fully-milked high yield sector is leveraged loans, says David Schawel. These loans are floating rate, and he expects retail interest in them to pick up should concern about rising interest rates take hold. Invesco's Credit Opportunity Fund (VTA) - trading below NAV - is up 26% YTD while yielding north of 7%.
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