Strategies

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 03/31/2026
Asset ClassHigh Yield
VehiclesSeparate Account | Commingled | Mutual Fund
Style BenchmarkICE BofA BB-B US High Yield Constrained
Strategy Assets (millions)$1,998
Number of Active IssuersTarget 150-175
StatusOpen

Portfolio Managers

Ray Kennedy, CFA

17 Years with H&W 40 Years of Industry Experience

Mark Hudoff

16 Years with H&W 39 Years of Industry Experience

Patrick Meegan

27 Years with H&W 35 Years of Industry Experience

Richard Mak, CFA

12 Years with H&W 25 Years of Industry Experience

Dan McKenzie, CFA

21 Years with H&W 21 Years of Industry Experience