High Yield – Short Duration

The short duration high yield strategy aims to control volatility and the impact of rising interest rate by investing in lower duration corporate bonds, primarily rated BB-B.

The strategy places a limit on overall portfolio duration of 2 years and will invest primarily in the U.S. market. Similar to the regular duration high yield strategies, our short duration high yield portfolios seek to mitigate risk by broadly diversifying by sector, industry and issuer.