The Short Duration High Yield Strategy aims to control volatility and the impact of rising interest rates by investing in lower duration corporate bonds, primarily rated BB-B.
The strategy places a limit on overall portfolio duration of two 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.
Nothing contained herein is intended to constitute investment, legal, tax, accounting or other advice. Past performance is not an indication of future performance. Diversification does not assure a profit or protect against loss. Investment process and objectives are subject to change.