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Western Asset: Tremendous Opportunities in High Yield

There are big opportunities in high-yield energy names if you identify the survivors amid the oil-price plunge, says Carl Eichstaedt, a 2014 Fixed-Income Manager of the Year.

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Sumit Desai: Hi, I'm Sumit Desai, fixed-income analyst for Morningstar's manager research team. Joining me today are our 2014 Fixed-Income Fund Managers of the Year, Western Asset's Ken Leech and Carl Eichstaedt.

Gentlemen, thank you for joining me today.

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