Strategy overview
Enhanced Income
A Growth-Oriented Income Strategy Built for Higher Absolute Yield
01
Overview
Investor Profile
Built for investors with a longer time horizon and an appetite for higher absolute yield, best suited to a 3-5 year investment horizon and a tolerance for illiquidity.
Strategy
The strategy leans into private credit, business development companies, leveraged loans, and select CLO equity/mezzanine exposure — purpose-built to capture the illiquidity and complexity premiums available in credit markets, for investors who can accept the added complexity that comes with it.
02
composition
Business Development Companies
Publicly traded exposure to middle-market direct lending.
16.5%
Private Credit / Direct Lending
Directly originated loans for enhanced income potential.
15%
CLO Equity/Mezzanine
Structurally geared credit exposure for higher absolute yield.
15%
IG Short-Term Bonds, stability anchor
A stability anchor amid the strategy's higher-yield sleeves.
10%
Preferred Securities & Hybrid Debt
Hybrid income exposure across financial issuers.
10%
Senior Secured Leveraged Loans
Floating-rate exposure with a senior claim on collateral.
5%
High Yield Bonds
Traditional high yield adds incremental income.
5%
EM Hard-Currency Sovereign/Corp Debt
Diversified income from hard-currency emerging market debt.
5%
03
key considerations
01 Liquidity
The private credit sleeve carries the most limited liquidity in the strategy — in a severe stress scenario, withdrawal could take 60-90 days, and a meaningful operating reserve is recommended before allocating here.
02 Complexity
CLO equity is a complex, structurally geared instrument that warrants its own understanding before investing.
03 Time Horizon
Best suited to investors who can hold through a multi-year cycle.
Investors should consider the strategy’s investment objectives, risks, and fees before investing. All investments involve risk, including possible loss of principal. Target asset class weights are subject to change over time based on market conditions and portfolio management discretion. Past performance is not indicative of future results. Certain holdings carry limited liquidity; redemptions may not be available on a daily basis for all asset classes. This information is for informational and illustrative purposes only and is not investment advice, a solicitation, or an offer to buy or sell any security.
Ask us for the fact sheet.
