Bottom-Up Selection with Yield Focus
USAA High Income Fund
Dec 19, 2016
Most high yield bond funds focus on selecting from a pool of thousands of non-investment grade bonds. Unlike the majority of its peers, the USAA High Income Fund seeks attractive high income investment opportunities in investment and non-investment grade fixed-income securities. Portfolio manager Julianne Bass explains how her team is prepared to take a contrarian view while selecting holdings one bond at a time.