Our High Yield and High Yield Plus strategies are value-oriented, research-driven investment strategies that seek to deliver superior risk-adjusted returns through a market cycle relative to high yield corporate benchmarks. These strategies target an effective duration within 0.5 of the high yield corporate benchmark.
HIGH YIELD: Our High Yield Strategy, which dates to 1993, seeks to outperform the Barclays High Yield Index and the Barclays Ba/B 2% Index with below‐average volatility. The High Yield Strategy has an average credit rating of B to BB-. Post offers separately managed accounts in the High Yield Strategy as well as a limited partnership fund.
HIGH YIELD PLUS: Our High Yield Plus Strategy, which dates to 1992, seeks to outperform the Barclays High Yield Index with below‐average volatility, with broader guideline flexibility allowing for greater focus on more opportunistic investments. The High Yield Plus Strategy has an average credit rating of B- to B+. Post offers separately managed accounts in the High Yield Plus Strategy.