High Yield

We are among the few managers with a 30+ year track record in high yield. Throughout this time, our focus on diligent and rigorous credit analysis has ensured defaults have remained at a minimum.

We run high yield strategies that offer singular access to specific regions or to global markets. Investing primarily in cash bonds, these strategies aim to increase in value over the long term while minimizing volatility and providing an attractive income.

Our Advantage

  • Clear, Consistent, Risk Managed Investment Approach – consistent philosophy over 30 years of performance
  • Global Investment Reach – portfolio management, credit research and trading teams leverage US, European and Emerging Markets
  • Capital Preservation Mindset – we seek to mitigate volatility and protect capital through default avoidance

 

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.

Credit Risk: High yield securities which are rated below investment grade, are considered to be speculative with respect to the issuer’s ability to pay interest and principal and they are susceptible to default or decline in market value due to adverse economic and business developments.

“Our approach to high yield is focused on deep, bottom-up credit analysis. This aims to generate what we believe to be compelling returns, while at the same time preserving our clients' capital. ”

Thomas Samson, Portfolio Manager

Photo of Thomas Samson, Portfolio Manager

Insights

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Feb 12, 2024

Muzinich Asset Allocation Group Monthly Update - February 2024

Please click to view our latest Asset Allocation Group video update for the month of February 2024.

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Jan 30, 2024

The 5 Phases of US High Yield Energy

US high yield energy today potentially offers a compelling investment choice following over a decade’s worth of events that have shaped the sector.

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Jan 16, 2024

US High Yield 2024 Outlook

After a strong performance in 2023, what does the coming year have in store for US high yield and is this a good time to allocate?

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