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The Big Interview: Andrew Feltus

The man who controls Pioneer Investment Management's $11 billion high-yield bond portfolio tells Dalia Fahmy how he plans to make money in 2008

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Rough times have been good for high-yield investors with Pioneer Investment Management. The firm's $4 billion flagship Pioneer High Yield Fund (TAHYX) has returned 10.57% so far this year, making it the best-performing junk bond fund in that period, according to Morningstar Research. The fund doesn't even have high-yield guru Margaret Patel, long known for her ability to make money in bear markets

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