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It is with heavy hearts that we announce the passing of our beloved Daisy Mae Foley, who graced our lives for a precious two ...
For example, among issuers whose secured debt has a BBB rating and unsecured a BB rating, they will buy the former when high-yield bond yield spreads tighten and the latter when they widen.
The fund's high-yield exposure has ranged between 5% and 20% of assets and is often higher than its typical intermediate core-plus bond Morningstar Category peer. The team actively adds or trims ...