High Yield

Strategy Description

The High Yield strategy seeks to invest in undervalued debt securities of companies with attractive cash flow, strong asset coverage and financial flexibility to de-lever over time. We combine our research team’s expertise in small/mid-caps and fallen angels with a bias toward senior securities as we seek to maximize risk-adjusted returns.

Strategy Facts

As of 03/31/2024
Asset ClassHigh Yield
VehiclesSeparate Account | Commingled | Mutual Fund
Style BenchmarkICE BofA BB-B US High Yield Constrained
Strategy Assets (millions)$2,039
Number of Active IssuersTarget 175-200

Portfolio Managers

Ray Kennedy, CFA

15 Years with H&W 38 Years of Industry Experience

Mark Hudoff

14 Years with H&W 37 Years of Industry Experience

Patrick Meegan, CPA

25 Years with H&W 33 Years of Industry Experience

Richard Mak, CFA

10 Years with H&W 23 Years of Industry Experience