Brigade High Income Fund Institutional Class (BHIIX)

Overview

The fund is designed to cater to investors looking for higher yields by engaging in a diversified investment strategy that focuses primarily on high yield corporate bonds and loans. With a keen eye on the corporate credit market, the fund leverages opportunistic investments across various sub-strategies, aiming to maximize returns for its stakeholders. The underlying philosophy of the fund is rooted in a high-risk, high-reward paradigm, targeting investments in credit instruments that are generally considered to be below investment grade. Such instruments often carry higher risk due to their lower credit ratings, as evaluated by leading independent rating agencies including Moody’s Investors Service, Standard & Poor’s Rating Services, and Fitch Ratings. This approach reflects a deliberate strategy to seek out potential high-yield opportunities within the corporate bond and loan sectors, providing an avenue for investors to potentially enhance their investment portfolios through exposure to the high yield credit market.

Products and Services

The fund offers a range of investment products and services designed to cater to the needs of investors looking for high-yield opportunities in the corporate credit market. Below is a detailed overview:

• High Yield Corporate Bonds and Loans:

  A core component of the fund's investment strategy, these instruments are primarily targeted at corporate bonds and loans which are rated below investment grade. By focusing on these high-risk, high-reward opportunities, the fund seeks to capitalize on the higher yields offered by such securities in comparison to investment-grade counterparts. This offering is ideal for investors willing to accept a higher level of risk in exchange for the potential of higher returns.

• Opportunistic Investments in Corporate Credit:

  In addition to the core strategy, the fund actively engages in opportunistic investments across various sub-strategies within the corporate credit sphere. This includes, but is not limited to, distressed debt, leveraged loans, and credit derivatives. These opportunities are selected based on rigorous analysis and the potential to add value to the fund's overall performance. Such investments allow for portfolio diversification and the possibility to benefit from unique market conditions and events.

• Credit Instruments Rated Below Investment Grade:

  The fund primarily invests in credit instruments that are not rated as investment grade by major independent rating agencies. This focus on lower-rated securities is fundamental to the fund’s strategy aiming to achieve higher yields. It's geared towards investors who have a thorough understanding of the risks associated with below investment grade investments, including the potential for higher volatility and loss of principal.