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Gaffney: Get Away From Market Risk Now

Given valuations and where interest rates are headed, you don't want a lot of market risk now, says Eaton Vance Bond manager Kathleen Gaffney.

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Miriam Sjoblom: Hi. I’m Miriam Sjoblom, associate director of fund research at Morningstar, and I’m here today with Kathleen Gaffney, who is a portfolio manager at Eaton Vance.

Kathleen, thanks so much for joining us. You recently made a big career move late last year after being at Loomis Sayles for nearly three decades, and comanaging Loomis Sayles Bond for many years. You joined Eaton Vance. So we appreciate you coming to check in with us after making that big transition.

Miriam Sjoblom does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.