Trustnet Magazine 92 February 2023 | Page 59

IA Sterling High Yield

“ A high yield bond today offers not only a decent level of income , but also the potential for capital upside , which is a return profile that is more like what you would expect from an equity ”

Rhys Davies Manager of the Invesco Bond Income Plus Limited trust

“ The average bond price today is also typically well below par for one that has more than a year or two until maturity . A high yield bond today offers not only a decent level of income , but also the potential for capital upside , which is a return profile that is more like what you would expect from an equity .”
Swimming with the tide Gerhard von Stockum , manager of the JSS Sustainable Bond – Global High Yield fund , adds that fixed income in general is at its most attractive relative to equities for years , given higher interest rates . “ The yield for 10-year gilts is in line with the FTSE 100 ’ s dividend
Issue 92 - February 2023 / 59 /