The Westwood Trust Short Duration High Yield Bond strategy:

  • Captures the current income of the high yield market with substantially less volatility.
  • Invests in better-quality less than investment grade securities with expected redemptions of three years or less.
  • Focuses on those companies with a high level of financial flexibility and operating potential to minimize negative credit events.

Disciplined Approach

Fundamental Analysis:

  • Fundamental screen to identify potential investments
  • Focus on issuer operating potential and financial flexibility

Technical Analysis:

  • Security technical characteristics
  • Market perceptions and risks

Relative Value:

  • Judgmentally based risk categories
  • Sector/industry pools, rating pools and custom risk pools

Portfolio Construction:

  • Optimized to balance risk and return
  • Daily performance attribution

Investment Team

Westwood Trust’s Short Duration High Yield Bond strategy is sub-advised by SKY Harbor Capital Management, LLC, Greenwich, CT.

The portfolio is managed by:

  • Anne C. Yobage, CFA, Director
  • Hannah H. Strasser, CFA, Managing Director
  • Thomas P. Kelleher, Director