When a High Yield Is a Red Flag
Morningstar's Russ Kinnel explains how to tell if a fund is taking on additional risk to boost yield.
Christine Benz: Hi, I'm Christine Benz for Morningstar.com. Everyone loves income, but sometimes a high yield can be a harbinger that a fund is taking a lot of risks in its portfolio. Joining me to discuss that topic is Russ Kinnel. He is director of manger research for Morningstar, and he is also editor of Morningstar FundInvestor.
Russ, thank you so much for being here.
Russel Kinnel does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.