Fixed Income Strategies
INVESTMENT GRADE FIXED INCOME AND HIGH YIELD
Documents & Literature – High Yield
INVESTMENT GRADE FIXED INCOME
Chartwell’s management philosophy here stresses security selection, preservation of principal, and compounding of the income stream. We focus our research efforts in the corporate sector of the market, because the return potential of any bond tends to be asymmetric. With limited capital appreciation potential, but considerably greater capital loss potential, we target high quality credits with stable-to-improving profiles rather than chasing “cheap” deteriorating credits.
Chartwell’s high yield bond management philosophy also stresses preservation of principal and compounding of the income stream. Unlike many asset classes, the security market line associated with high yield investing over a full market cycle is negatively sloped, with increased risk associated with decreased return.
Our focus is on the higher tiers of the market that offer an attractive yield premium but a sharply lower incidence of credit erosion relative to the market as a whole.
- All investing is subject to risk, including the possible loss of money you invest. Past performance is no guarantee of future results.
- The views expressed on this website were current as of the date indicated and are subject to change.
- Separate account minimum is $5 million. For Core Plus, the account minimum is $10 million and SIHY, the account minimum is $25 million. See form ADV2A under Disclosure tab for related fee schedule.
EXPERTS BEHIND EVERY CHOICE WE MAKE
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