High Yield Mid-Grade

Investment Philosophy

We believe the fixed income markets are efficient with respect to interest rate risk, but regularly misprice securities that are exposed to credit, prepayment, and liquidity risks. In seeking to generate excess returns without incurring undue risk, we focus on: Proprietary, in-depth fundamental research; Bottom-up portfolio construction; Security-specific risk over sector risk; and Risk management.

Investment Process

The Investment team utilizes a five step process for security selection as it pertains to the High Yield Mid-Grade strategy.

Investors should carefully consider their investment objectives, risks, fees, charges and expenses before investing any money. To obtain this and other information, please email asklogan@lcpim.com to request more information. Please review the Terms of Use of this site for additional details.