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LIPPER AWARDS: Best opportunity in BBB-rated corporate bonds

Monday, March 24, 2014 - 03:46

Mar 24 - Andy O'Brien, manager of the Lord Abbett Short Duration Income Fund says that bonds in the 2-year space are less sensitive to interest rate changes and thinks BBB-rated corporates are most attractive

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-- -- awards are under way it's down Manhattan once -- get this excited about strategy. We're -- but humanitarian help Bryant with the lord avenues in areas in cup but gradually. You talk to you. So -- sort of short duration that is the question on everyone's mind as we head out like 21 years on this changing. Great -- and it's -- weird -- in the investment. -- -- -- He's around there. In the front end. Less volatile happened -- great. More stable. -- -- For instance -- do. -- -- -- you don't see much change in the strategy. Going. -- -- -- -- -- tightening. Less volatility that you might expect. On the corporate side -- Sweet spot in terms of ratings. We are and that's great morning to. Ability to. I'm calling him. In the market right now. That's coming to. A lot of people. It's right now we don't ordinarily. -- two hours because. A little bit more than that casually -- what people buying when -- right now aren't on the market. Then the larger pattern. Higher quality. The value out of more all are and I am yeah. Do your homework on -- off names situations. Falling market. And it really is still find out on the opportunity airport. How was -- a lot I think I think the opportunities -- the news. They weren't. A couple of years ago to present a lot of water and certainly this corners the market off about securities. Is where is still pockets of where somebody is looking around me on the line. What's the biggest challenge. It's money points in terms of trying to find that balance of finding the right. Credits and staying within your band -- and delivering vikings in the previous. The hardest challenge for us in 2014 is going to be not stretching out trying to -- Aren't an -- -- -- -- -- -- To reach outside the united trying to. And waking up. Then you kind of learn I'm thinking so much. I'm Rhonda schaffler.

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LIPPER AWARDS: Best opportunity in BBB-rated corporate bonds

Monday, March 24, 2014 - 03:46