Strategies

High Yield

Summary

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 09/30/2022
Asset ClassHigh Yield
VehiclesSeparate Account | Commingled | Mutual Fund
Style BenchmarkICE BofA BB-B US High Yield Constrained
Strategy Assets (millions)$1,800
Number of Active IssuersTarget 150-175
StatusOpen

Portfolio Managers

Ray Kennedy, CFA
13 Years with H&W 37 Years of Industry Experience
Mark Hudoff
13 Years with H&W 35 Years of Industry Experience
Patrick Meegan, CPA
24 Years with H&W 32 Years of Industry Experience
Richard Mak, CFA
9 Years with H&W 21 Years of Industry Experience

Index definitions

Glossary of financial terms

More Insights

October 2022 Q3 2022 High Yield Market Update Go to Podcast August 2022 Q2 2022 High Yield Market Update Go to Podcast April 2022 Q1 2022 High Yield Market Update Go to Podcast