Brigade High Income Fund Founders Class (BHIMX)

Overview

The fund’s primary goal is to achieve its investment objective by allocating its assets across a diversified portfolio focusing on high yield corporate bonds and loans. This strategy is complemented by engaging in opportunistic investments across various sub-strategies within the corporate credit sector. The investment philosophy centers around primarily investing in credit instruments that are rated below investment grade. These ratings are evaluated by major independent rating agencies including Moody’s Investors Service, Standard & Poor’s Rating Services, and Fitch Ratings. This approach signifies a higher risk-return spectrum, aiming to capitalize on the yields offered by these high-risk credit instruments.

Products and Services

• Diversified Portfolio of High Yield Corporate Bonds and Loans

  The fund strategically invests in a wide range of high yield corporate bonds and loans. By diversifying its investments across different sectors and issuers, it aims to mitigate the risks associated with below-investment-grade assets while seeking to maximize the potential returns. This diversification strategy is a cornerstone of the fund’s approach to achieving its investment objectives.

• Opportunistic Investments in Corporate Credit

  Beyond traditional high yield investments, the fund actively seeks out opportunistic investments across various sub-strategies within corporate credit. This includes, but is not limited to, distressed debt, credit derivatives, and special situations. These opportunities are selected based on rigorous analysis and the potential to provide enhanced returns relative to the level of risk undertaken.

• Investments in Below-Investment-Grade Credit Instruments

  The fund primarily focuses on investing in credit instruments that are rated below investment grade by one or more of the leading independent rating agencies – Moody’s, Standard & Poor’s, and Fitch. These investments are chosen for their potential to offer higher yields compared to investment-grade securities, albeit at an increased risk level. The fund’s advisers leverage their expertise to assess and manage the risks associated with these high-yield investments.