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 09/30/2024
Asset ClassHigh Yield
VehiclesSeparate Account | Commingled | Mutual Fund
Style BenchmarkICE BofA BB-B US High Yield Constrained
Strategy Assets (millions)$2,090
Number of Active IssuersTarget 175-200
StatusOpen

Portfolio Managers

Ray Kennedy, CFA

15 Years with H&W 39 Years of Industry Experience

Mark Hudoff

15 Years with H&W 37 Years of Industry Experience

Patrick Meegan, CPA

26 Years with H&W 34 Years of Industry Experience

Richard Mak, CFA

11 Years with H&W 23 Years of Industry Experience

Dan McKenzie, CFA

20 Years with H&W 20 Years of Industry Experience