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 12/31/2019
Asset ClassHigh Yield
Style BenchmarkICE BofAML BB-B US High Yield Constrained
Strategy Assets (millions)$3,807
Number of Active IssuersTarget 100-125
StatusOpen

Portfolio Managers

Ray Kennedy, CFA
11 Years with H&W 34 Years of Industry Experience
Mark Hudoff
10 Years with H&W 33 Years of Industry Experience
Patrick Meegan, CPA
21 Years with H&W 29 Years of Industry Experience
Richard Mak, CFA
6 Years with H&W 19 Years of Industry Experience