It’s not just that Dan Fuss has seen it all, it’s that he remembers it. The 83-year-old Mr. Fuss has managed through bond-market crises before and that will come in handy as both high-yield (or junk) bonds and the classic mutual fund that he manages were in a stretch of underperformance in 2015 and early 2016.
Mr. Fuss says that while the biggest opportunities are over for now, he thinks the market is almost back to what might be considered normal, which means he still sees buying opportunities for selective high-yield investors.
We are once again honored to have Dan Fuss, Vice Chairman of Loomis, Sayles & Co. as our featured speaker. Plan on attending the annual luncheon as Mr. Fuss will talk about market instability, how he feels about rising interest rates, and if junk bonds are worth buying now.