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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 shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.