Thought Capital

Opportunities in Leveraged Credit

Polen Capital's Dave Breazzano recently sat down with Institutional Investor to discuss what the high yield credit asset class can do for diversification, returns, and risk profiles within institutional portfolios.

Episode One

In the first episode of the series, Dave examines the risk-reward profile of the high yield credit asset class, and how opportunistic high yield has the potential to help enhance returns without increasing risk.

Episode Two

In this episode, Dave discusses key differences between lower-tier high yield and higher-grade high yield. He delves into some of the nuances surrounding volatility and risk in opportunistic high yield as they relate to equity volatility and higher-grade high yield. 

Episode Three

In this episode, Dave discusses his views on the potential impact of an interest rate cut later this year and the resilience of the lower-tier high yield leveraged credit markets. 

Episode Four

In this episode, Dave takes deeper look at upcoming maturity walls and whether he believes they may threaten the stability of lower-tier high yield investments.

These videos have been prepared without taking into account individual objectives, financial situations or needs. As such, they are for informational purposes only and should not to be relied on as, legal, tax, business, investment, accounting or any other advice. Viewers of the content should seek their own independent financial advice. Opinions and views expressed constitute the judgment of Polen Capital as of the date of these videos and may involve a number of assumptions and estimates which are not guaranteed and are subject to change without notice. Although the information and any opinions or views given have been obtained from or based on sources believed to be reliable, no warranty or representation is made as to their correctness, completeness, or accuracy. Opinions, estimates, forecasts, and statements of financial market trends that are based on current market conditions constitute our judgment and are subject to change without notice, including any forward-looking estimates or statements which are based on certain expectations and assumptions. References to specific securities, asset classes and financial markets are for illustrative purposes only and are not intended to be, and should not be interpreted as, recommendations. There can be no assurance that Polen Capital will be able to implement its investment strategy or invest in companies with the characteristics mentioned herein. This disclosure does not identify all the risks (direct or indirect) or other considerations which might be material when entering a financial transaction. Investing involves inherent risks, and any particular investment is not suitable for all investors; there is always a risk of losing part or all of your invested capital. Past performance does not guarantee future results and profitable results cannot be guaranteed.