"Manager's Advantage Makes Bond Fund Investment Ideal in Current Market"
Originally Published 2 years ago — by MarketWatch
Long-term interest rates have been declining, making it a good time for income-seeking investors to consider bond funds. One standout option is the ICON Flexible Bond Fund, managed by Jerry Paul, who highlighted his advantages over larger competitors. Paul's specialization allows him to take advantage of unique investment opportunities, such as airline equipment trust securities, which make up a significant portion of the fund's portfolio. These securities offer higher yields due to their crossover rating and second-lien position. With $250 million in assets under management, the fund has the flexibility to take concentrated positions and provide attractive yields compared to its competitors.