Crescent’s High Income strategy combines the firm’s expertise in below investment grade bank loans and bonds, which allows portfolio managers to tactically allocate capital to the most attractive credit opportunities at any given time. During periods of increased volatility in the capital markets, we believe that the ability to allocate between various income-generating asset classes can be a value add for many investors. Our High Income strategy aims to respond quickly to market changes by dynamically shifting our asset allocation to segments of the credit markets offering the best total return while reducing overall portfolio risk.