The global high yield market has rebounded strongly post-2022, outperforming other fixed income sectors. Supported by easing inflation, resilient corporate earnings, and attractive yields, this segment continues to offer promising investment opportunities. However, a closer look reveals key distinctions, such as the structural differences between the US and European markets, and investors’ cautious but steady return to high yield funds.

From shifts in market behavior to the growing impact of passive strategies, download this report to discover actionable insights to inform your investment decisions. You’ll also get highlights of recent performance drivers for several high yield funds with a Morningstar Analyst Rating, as well as details on managers’ current portfolio positioning and the market outlook.