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Romick: What I've Been Buying

FPA Crescent's Steve Romick found some value among large financials and high-yield bonds earlier this year, but a blend of low rates and high valuations gives him pause today.


Daniel Culloton: Hi, I'm Dan Culloton, director of equity manager research at Morningstar, and I'm here with Steve Romick, manager of the FPA Crescent Fund, which receives a Gold Morningstar Analyst Rating.

Steve, thanks for being here today.

Dan Culloton does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.