"Call it the revenge of the old economy if you want, but there's a common theme to Muresianu's portfolio, " writes Fidelity Monitor's editor, Jack Bowers .
Another bull on high-yield bond funds is Jack Bowers of Fidelity Monitor, who is recommending Fidelity Strategic Income (nasdaq: FSICX - news - people ), which has 40% in high-yield debt, tempered by 60% in foreign and U.S. investment grade and government issues.