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Our philosophy is that of a value investor, favoring fundamentals and valuation over technical factors and momentum. We combine a repeatable and data-driven top-down approach with fundamental credit analysis to identify superior investment opportunities and generate attractive risk-adjusted returns. The track record is characterized by high information ratios and strong upside/downside capture ratios. This is all in the name of avoiding the permanent impairment of capital that is associated with a default. We believe extensive, bottom-up analysis of company fundamentals and risk factors leads to a superior decision-making process. Our approach to high-yield investment management emphasizes a constant reassessment of the risk / reward profiles of specific securities. We will invest across the capital structure based upon our appraisal of where risk-adjusted return resides.
Name | Title | Since | Until |
---|---|---|---|
Jeffrey D. Mueller | Portfolio Manager | 2015 | Now |
Biography | Jeff is a vice president of Eaton Vance Management International and portfolio manager on Eaton Vance’s high yield team. Jeff also provides research coverage on European and other non-US high yield opportunities. Jeff’s experience in the investment management industry dates to 2004. Prior to joining Eaton Vance in 2015, Jeff was a fund manager and research analyst with Threadneedle Investments in London. He earned a B.A. from the University of Wisconsin, and holds the IMC certification. Jeff is based in Eaton Vance’s London office. | ||
Stephen C. Concannon | Co-Director of High Yield, Portfolio Manager | 2008 | Now |
Biography | Stephen Concannon is a vice president of Eaton Vance Management, co-director of high yield and portfolio manager on Eaton Vance’s high-yield team. He is responsible for buy and sell decisions, portfolio construction and risk management for the firm’s high-yield strategies. He joined Eaton Vance in 2000. Steve began his career in the investment management industry in 1993. Before joining Eaton Vance, he was a research analyst for Wellington Management. Steve earned a B.A. from Bates College. He is a member of the CFA Society Boston and is a CFA charterholder. | ||
Kelley Baccei Gerrity | Portfolio Manager | 2008 | Now |
Biography | Kelley Baccei is a vice president of Eaton Vance Management and a portfolio manager on Eaton Vance’s high-yield team. She is responsible for buy and sell decisions and portfolio construction. She joined Eaton Vance in 2005. Kelley began her career in the investment management industry in 2000. Before joining Eaton Vance, she was the director of high-yield distressed research at Fieldstone Capital Group. Previously, she was associate director of fixed-income research at Scotia Capital Markets, Inc. Kelley earned a B.A. from Boston College and a certificate in credit analysis from New York University. | ||
Michael W. Weilheimer | Portfolio Manager | 2008 | 2019 |
Biography | Mike is a Vice President of Eaton Vance Management and Director of High Yield Investments. In addition, he is a Portfolio Manager of the firm’s high yield strategies. Mike’s experience in the investment management industry dates back to 1987. Prior to joining Eaton Vance in 1990, Mike was a Vice President of Amroc Investments, L.P. Previous to that, Mike was employed at Cowen & Company as an analyst specializing in distressed debt securities. He received a B.S. from the State University of New York at Albany. He earned an M.B.A. from the University of Chicago Graduate School of Business. |
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