Our Broad High Yield Market strategy seeks to invest in a diversified portfolio of high yield debt securities issued by companies domiciled or listed in the US. Through investing across the full maturity and ratings spectrum of the US below-investment-grade debt market the strategy seeks to outperform the broad US high yield market over a full market cycle with less volatility. The primary benchmark for this total return strategy is the ICE BofA US High Yield Index.
We believe our Broad High Yield Market strategy is a fundamentally driven “all-weather” strategy able to integrate and respond to most market environments to generate attractive full market cycle returns. It is intended to capture a significant amount of the upside when the high yield market is strong, but outperform in a down market when risk premiums are spiking.
SKY Harbor offers separately managed accounts in this strategy as well as a limited partnership for qualified US investors. For fund investors outside the US, please visit SKY Harbor Global Funds.