Bonds: New Investment Opportunities

WEALTHTRACK
WEALTHTRACK
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Published 2022-09-09
The bond world changed dramatically in 2022. From several years of historically low to negative interest rates, as far as the eye could see, the horizon is now filled with rising rates across the globe. It’s a welcome change for yield starved investors and fixed income managers who have been coping with a record breaking yield drought.

One of them is this weekend’s guest who recently reopened his fund to new investors because of the “improved opportunity set.” He is Tom Atteberry, now Senior Advisor to FPA New Income Fund having just retired, as planned, from his portfolio manager duties in July of this year. He had been Portfolio Manager of the fund since 2004.

Atteberry will discuss why they have reopened the fund and where they are investing now. He will also share his current preference for asset-backed bonds over Treasuries and corporates.

00:00 Hello
00:35 Introduction
02:11 Interview with Tom Atteberry
21:26 One Investment
23:48 Action Point

#bonds #investing #financialplanning

WEALTHTRACK #1911 broadcast on September 09, 2022

More info: wealthtrack.com/the-new-investment-opportunities-b…
All Comments (16)
  • @gordonsteen8415
    So good. If only we could get this kind of clarity on equities.
  • @bluesky2145
    Can't believe this guy makes a living out of getting maybe half a percent per year over a 5-year period. That return just sucks. And to make it worse he's investing in high yield junk bonds to do it !!!
  • @shawn576
    Interesting dude. Great interview!
  • @davidpate6095
    He's right it's better to be a lender right now than a borrower. Great interview.
  • @ednan9
    Great push back from consuelo mack on treasuries- i didn’t understand the answer why ABS is less volatile than treasuries
  • @cory2326
    Even if a non dollar-denominated asset sees no real gains during inflation that's still much better than holding cash and seeing your real purchasing power undermined. In other words, sometimes you have to chose between the lesser of two evils. After researching the history of great assets such as real estate, dividend-paying stocks, gold, oil, and other commodities, Ive come to the conclusion that most excellent assets never come down to the price you want to acquire them at. Simply get the ones you can afford right now.
  • @ChildOfAsura
    Question when talking about *Treasury Bonds*..... I understand the U.S. will be risking selling bonds.... what about international "inflows" when coming to the fluctuations in currencies? Wouldn't Treasury Bonds be the place international money be "parking" money with a % on "safe" money to the U.S. dollar?
  • @MAchannel2024
    I bought some CDs through Vanguard from Chase and other banks that are FDIC insured at 3.4% for 1 year. That seems like a good deal for now. I know inflation is much higher, but if you are like me and believe we are in for a recession next year, it's a good way to park some money.
  • @slovokia
    You would think that the liquidity of underlying holdings would still be very important to the manager of an open ended mutual fund. Granted if their shareholder base is stable and patient money the odds of needing to rapidly liquidate their holdings are low.
  • @slovokia
    You can get close to 100 basis points over inflation over 5 years now by buying 5 year inflation indexed treasury notes (TIPS).
  • @dassa0069
    Are there any asset backed securities closed end funds?
  • @brianhollenbeck8633
    We at The Crimson Permanent Assurance agree. GOD save The King!🙏🇬🇧😇👑🌍🌎🌏💚