High Yield
Characteristics
As of 03/31/2012
STATISTICS
| Portfolio | BofAML BB-B | |
|---|---|---|
| Yield-to-Worst | 7.7% | 6.3% |
 | ||
| Modified Duration | 4.0 years | 4.0 years |
| ||
| Spread over Treasuries | 631bps | 507bps |
| ||
| Average Coupon Rate | 8.5% | 7.8% |
| ||
| Number of Issuers | 115 | 802 |
| ||
TOP FIVE HOLDINGS (%)1
| Portfolio | Coupon Rate |
Maturity Date |
|
|---|---|---|---|
| CIT Group, Inc. | 1.6 | 7.000% | 05/02/2017 |
| |||
| NRG Energy, Inc. | 1.3 | 7.875% | 05/15/2021 |
| |||
| Building Materials Corp. of America | 1.3 | 6.750% | 05/01/2021 |
| |||
| PetroQuest Energy, Inc. | 1.3 | 10.000% | 09/01/2017 |
| |||
| International Lease Finance Corp. | 1.3 | 8.250% | 12/15/2020 |
| |||
CREDIT QUALITY (%)1
| Portfolio | BofAML BB-B | |
|---|---|---|
| Investment Grade | 7.8 | 10.8 |
| ||
| BB | 38.2 | 51.4 |
| ||
| B | 46.9 | 37.8 |
| ||
| CCC+ or lower | 5.2 | 0.0 |
| ||
| Nonrated | 1.9 | 0.0 |
| ||
TOP TEN OVERWEIGHTS (%)1
| Portfolio less BofAML BB-B |
Portfolio | |
|---|---|---|
| United Continental Holdings, Inc. | 2.0 | 2.3 |
| ||
| LyondellBasell Industries N.V. | 1.4 | 1.9 |
| ||
| Energy Future Holdings Corp. | 1.3 | 1.3 |
| ||
| PetroQuest Energy, Inc. | 1.3 | 1.3 |
| ||
| American Petroleum Tankers Holding LLC | 1.2 | 1.2 |
| ||
| Momentive Performance Materials, Inc. | 1.2 | 1.2 |
| ||
| American International Group, Inc. | 1.1 | 3.0 |
| ||
| PHI Inc. | 1.1 | 1.1 |
| ||
| Building Materials Corp. of America | 1.1 | 1.3 |
| ||
| Stone Energy Corp. | 1.0 | 1.1 |
| ||
1 % of Total Portfolio
BofAML BB-B = BofA Merrill Lynch U.S. High Yield BB-B (Constrained 2%) Index
Data source: Hotchkis & Wiley, FactSet, Bloomberg
Informational purposes and should not be considered as investment recommendations. Information provided is based on a representative portfolio of the High Yield strategy. Industry weights, statistics and holdings may vary due to different restrictions, cash flows, and other relevant considerations. Information is subject to change and may not be representative of the strategy's current holdings.
