Short duration high yield bonds, floating rate bank loans, CLOs and structured credit offer attractive investment opportunities
Diversified Corporate Credit
High current yield compared to other short-term fixed income alternatives
Leverage Kayne Anderson’s broader credit platform to source and assess investments with strong emphasis on high credit quality issuers, hard asset value and lower volatility of returns compared to comparably rated bonds. Avoid industries that have historically incurred high defaults in the high yield market and avoid commodity-exposed companies.
Diversified Corporate Credit
Well diversified, high-quality portfolios of broadly syndicated loans and high yield bonds
Objective to produce high current yield without undue credit risk
Secured first-lien bank loans with BB-/B+ average credit rating, with the ability to shift into short-duration, high yield bonds based on relative value between two asset classes
Bottom-up portfolio creation with highly experienced research team performing thorough credit analysis on each issuer
Collateralized Loan Obligations (“CLOs”)
Kayne benefits from its nimble size in the structured credit space
Invest in majority stakes in Kayne-managed CLO equity/warehouse facilities and tradable stakes in externally managed CLO equity and debt
Values active trading and structures that allow rating test flexibility to take advantage of market dislocation
