Muzinich has managed dedicated investment grade credit portfolios since 2003. Most of these strategies include a high yield component, ranging from 10% to 40%; and we define these as crossover strategies.
From a return generation perspective, investment grade strategies with an allocation to BB-B rated bonds can offer a compelling solution to investors seeking more attractive yields in the current low interest rate environment. In these crossover strategies, we employ a credit-intensive analysis across the ratings spectrum as we believe that fundamental credit analysts is key to our goal of ensuring capital preservation.
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.