Our Philosophy
Caywood-Scholl believes superior risk-adjusted performance in the high yield market is best achieved by protecting against the downside (preserving principal). By weighting client portfolios with upper-tier high yield securities, the firm is best able to control default risk, thereby ensuring that the premium yields available in the high yield market accrue to our clients’ benefit. On a selective basis, we will augment our holdings of high-quality high yield issues with more volatile credits that our analysts believe are significantly mispriced. Caywood-Scholl utilizes a team approach in managing portfolios and employs a disciplined investment process focused on risk management.
