Securitized Credit

Approach

This strategy invests in fixed income sectors collateralized by distinct asset types: commercial real estate (CMBS), residential housing (RMBS), nonmortgage assets (ABS) and collateralized loan obligations (CLOs). We believe superior risk-adjusted returns are achieved through: recognition that relationships among alpha sources change, sometimes irrespective of the business cycle; fluid utilization of loan level research to discover unrecognized value ahead of consensus; and dynamic application of both macro and security-level investment inputs.

Key Benefits

Skill of Team: Expertise of a veteran team that has the skill and ability to manage across the securitized spectrum, adjusting exposure to alpha drivers as market conditions change
Integration of Platform: Integration into the broader MBS team, partnerships with the Voya Commercial Mortgage Loan and the Voya Senior Loan teams allows for deeper and direct insight to investment ideas
Uniqueness of Approach: Our through the cycle approach focuses on consistency and risk-adjusted returns across market environments; not predicated on temporary dislocations

Performance

Performance data for this strategy is not available at this time.

Past performance does not guarantee future results.

Periods greater than one year are annualized. Performance data is considered final unless indicated as preliminary. Monthly performance is based on full GIPS Composite returns. Access the GIPS page for full composite details.

The Composite performance information represents the investment results of a group of fully discretionary accounts managed with the investment objective of outperforming the benchmark. Information is subject to change at any time. Gross returns are presented after all transaction costs, but before management fees. Returns include the reinvestment of income. Net performance is shown after the deduction of a model management fee equal to the highest fee charged.