High Yield - US

The US high yield market is the world’s largest below investment grade corporate bond market, offering investors access to a broad range of industries and sectors. We have been investing in this market with a bottom-up credit underwriting focus for over 30 years, having launched our first US high yield strategy in 1990.

Our US high yield strategy provides broad exposure to the US high yield market, investing in over 125 issues from at least 25 industries. The strategy seeks to generate attractive risk-adjusted returns through cycles by investing in performing credits and protecting capital through default avoidance in carefully selected US dollar-denominated corporate bonds, mainly via BB/B rated US issuers.

Capital at risk. The value of investments and the income from them may fall as well as rise and is not guaranteed. Investors may not get back the full amount invested. Past performance is not an indication of current or future performance.

Strategy Inception

1990

Portfolio Manager Location

New York