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How to Pick a Good High-Yield Bond Fund

Russ Kinnel offers four picks ranging from aggressive to conservative.

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Christine Benz: Hi, I'm Christine Benz for Morningstar. What role do high-yield bonds play in a portfolio, and how can you pick a good one? Joining me to discuss that topic is Russ Kinnel. He's Morningstar's director of manager research.

Russ, thank you so much for being here.

Russel Kinnel has a position in the following securities mentioned above: PRHYX. Find out about Morningstar’s editorial policies.