Concise Capital's investment philosophy rests on the three pillars of comprehensive credit research, capital preservation and managing client capital as if it were our own.

We specialize in short duration, underfollowed bonds in the US and international high yield markets. Our short duration strategy is defensive and less volatile than the overall high yield market because it lowers interest rate and default risk while maximizing return. The average maturity of portfolio holdings is two to three years. Interest income produces most of the portfolio return. The managers favor bonds of small and mid-cap issuers in the US, Canada, Europe and Latin America because they are less well-researched and not efficiently priced when compared to larger issues.

We respect capital and focus on risk management. The portfolio is well-diversified across individual positions and industries. To further reduce volatility, the managers employ a hedging strategy using a liquid ETF which tracks the Russell 2000. The ETF has proven to be highly correlated to the high yield bond market, particularly during market drops.

We focus on meeting each of our client's individual needs and on earning their trust by building long-term relationships and achieving attractive risk-adjusted returns.

Click on the following link to listen to Tom Krasner speak about Concise Capital's investment strategy: Beyond The Sound Bite.