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Polen Capital

Beyond Fundamentals: Taking A Deeper Look at Credit Risk

Beyond Fundamentals- Taking A Deeper Look at Credit Risk

Many people refer to high yield bonds as “junk,” which immediately makes the issuers sound like low-quality businesses. From our standpoint, that is true for some parts of the universe but certainly not all. The high yield market has evolved substantially over the past 25 years. It now includes many ...

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