ENSIGN CAPITAL MANAGEMENT

If ECM is successful, investors will enjoy the benefits of capital gains in addition to the higher coupon rates paid by this asset class. The strategy will likely produce short-term capital gains in addition to income. By selling high yield bonds when prices are falling and repurchasing them at lower prices, ECM attempts to increase overall investment yields. Yields rise when prices are falling... The ECM High Yield Bond investment strategy uses active management to purchase and hold high yield bond assets during times when high yield asset prices are rising. Alternatively, ECM attempts to sell high yield bond assets when prices are falling to avoid losses... Historically this strategy has generated buy or sell transactions as little as three times per year to as many as eighteen times per year.

Also known as: Ensign Capital Management, Inc.

Primary location: Wellsville United States