Cutwater - Asset Management
Main Content
HIGH YIELD
- Focuses on the U.S. below investment grade corporate market with an emphasis on high total return and preservation of capital over a full market cycle
- Under normal circumstances, 70% of portfolio holdings rated below BBB-
- Emerging market issues may be used to enhance portfolio performance
objective
The investment objective of our High Yield Fixed Income strategy is to generate high current income and long-term growth of capital through investing primarily in higher yielding, non-investment grade U.S. corporate debt securities. Under certain market conditions emerging market issues may be used to enhance portfolio performance. Duration management will not be a large driver of portfolio strategy. We believe a high total return can be achieved through current income and capital appreciation of an actively managed and diversified portfolio of high yield assets. The benchmark for this composite is the Barclays Capital U.S. High Yield Index.
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sector allocation
as of 3/31/2010
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statistics
as of 3/31/2010
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quality
For more information, please contact us.
There can be no guarantee that the investment techniques, strategies and risk analyses used by Cutwater will produce the desired results. Investment involves risks, including the possible loss of principal.