Oakhurst Short Duration High Yield Credit Fund Institutional Shares (OHSHX)

Overview

This company specializes in managing financial assets, focusing on investments in high-yield, non-investment grade debt securities, also known as “junk bonds,” and floating rate senior secured loans. These financial instruments are issued by various corporations, partnerships, and other business entities seeking to generate a return on investment that exceeds typical investment-grade bonds. The fund prioritizes diversification to mitigate risk and aims for an average duration of its portfolio holdings of 3.5 years or less, although it does not impose a maximum duration limit on individual securities. This investment approach highlights a balance between seeking higher returns associated with non-investment grade securities and managing the potentially higher risks those securities carry.

Products and Services

• High-Yield Debt Securities Investment

  The company commits a minimum of 80% of its net assets, including any borrowed funds intended for investment purposes, to non-investment grade debt securities. Also known as “junk bonds,” these are debt instruments that carry a higher risk of default compared to investment-grade bonds but offer the potential for higher returns. The investment in such securities is aimed at investors willing to take on a greater risk for the possibility of increased income.

• Floating Rate Senior Secured Loans

  Part of the fund's investment strategy includes floating rate senior secured loans. These are loans that have variable interest rates and are typically secured by the borrower's assets. Such loans are senior to other forms of debt, which means they are prioritized over other debts in the event of a borrower's bankruptcy. This investment product appeals to individuals and institutions looking for income that adjusts with changes in interest rates, while also seeking a higher level of security compared to unsecured bonds or loans.