It is during volatile and uncertain times like this in the economic cycle that active management matters the most. When markets are in a one-way trade up, investors can ride the wave and indexing may work. But that doesn’t work …

As an active manager, one of the core tenets of our investment philosophy is that we are contrarian investors. We are value-based investors looking for undervalued companies in which to make investments and in doing so, that means we are …

The Fed interest rate decision came and went with relatively little market reaction. They pushed out an increase in rates, citing concerns about global economic conditions. Like many, we do share their concerns about the global economy, as we expect …

Some people seem to be under the perception that high yield bonds are very risky, much more risky than equities.  I’m sure the alternative name for high yield or non-investment grade bonds—junk bonds—doesn’t help.  But there are a few things …

Over the past few months, we’ve discussed in many of our writings the opportunities we have seen created in the general high yield market this summer as the space has undergone a repricing.  High yield bond spreads have widened 136bps …

There are currently a number of fund-based options available to investors looking for yield. In addition to traditional open-ended mutual funds, investors are also turning toward closed end funds (CEFs) and exchange traded funds (ETFs) to generate yield, including in …