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In his November 7, 2013 appearance on CNBC’s Power Lunch, TIAA-CREF Portfolio Manager Kevin Lorenz participated in a segment titled “The Hunt for Yield.” In this segment, Kevin provided his outlook for the high-yield market and described where he’s looking for opportunities.
This material is prepared by TIAA-CREF Asset Management and represents the views of Kevin Lorenz as of November 2013. The material is for informational purposes only and should not be regarded as a recommendation or an offer to buy or sell any product or service to which this information may relate. Certain products and services may not be available to all entities or persons.
An investment in high yield securities is subject to High Yield Risk. High-Yield Risk refers to the greater risk of loss of principal and interest and an increased risk of default associated with high-yield bonds (commonly known as junk bonds) in comparison to higher-rated bonds.
TIAA-CREF Asset Management provides investment advice and portfolio management services to the TIAA-CREF group of companies through the following entities: Teachers Advisors, Inc., TIAA-CREF Investment Management, LLC, and Teachers Insurance and Annuity Association® (TIAA®). Teachers Advisors, Inc., is a registered investment advisor and wholly owned subsidiary of Teachers Insurance and Annuity Association (TIAA).