Gold-rated T . Rowe Price High Yield has married rigorous bottom-up research and top-down macro views to generate great performance with modest volatility.
Consider careful asset location, selling losers (and winners), and using the specific-share identification method.
Departures of investment staff are worth watching, though.
The appointment was likely the least disruptive way to replace Mary Miller.
These three funds offer good long-term value in an attractive total package.