- Credit markets have performed very strongly over the back-end of 2020.
- Given this strength, some investors may be looking to protect gains, lower duration, improve the resilience of their portfolio or create some dry powder in their portfolios.
- We discuss a few options such as to move up into the BB space, in particular using fallen angels or debt CLOs, to shorten up duration or tilt to term CEFs.
- We also highlight a few funds, some of which we continue to hold across our Income Portfolios such as FALN, EIC, IBHC and JCO.
For further details see:
Ways To Lighten Up On Risk In High-Yield Credit