The strategy, managed by a team with deep experience investing together through multiple market cycles, utilizes the full breadth of the firm’s fundamental research capabilities to identify companies across the market cap spectrum in order to exploit inefficiencies resulting in a differentiated portfolio.
Seeks to outperform the ICE BofA US High Yield BB-B Index over a full market cycle.
An actively managed portfolio of high yield bonds selected through rigorous fundamental analysis focused on cash flow generation allows us to take advantage of inefficiencies in market prices while reducing portfolio risks. We believe our team approach focused on quality companies can generate competitive returns with lower risk than the broader high yield market. In our view, the key to success is to know when a high yield bond of a good company becomes a good high yield bond investment.
* Most recent quarter returns are not annualized. Past performance does not guarantee future results and there is no assurance that the Strategy will achieve its investment objective.