1Diversification does not guarantee a profit or protect against a loss.
Pioneer US Securitized Credit Opportunities Strategy
Investment Approach
The Pioneer US Securitized Credit Opportunities Strategy is an alternative credit strategy that seeks high yield and to outperform the US high yield corporate credit market over a full market cycle. Both high yield (non-benchmarked) and investment grade (benchmarked) versions of the Strategy are available.
Philosophy & Process
The Strategy is currently focused on capitalizing on inefficiencies within US housing and housing finance, though the opportunity set consists of all securitized credit sectors. It is suitable for investors seeking to outperform the high yield market, but with uncorrelated returns, and with an intermediate to longer-term investment horizon.
(As of )
Overview
- High-yielding alternative credit strategy
- A complement to, or substitute for, US high yield
- Managed with minimal interest rate risk
- Currently focused on capitalizing on inefficiencies within US housing and housing finance, though the opportunity set consists of all securitized credit sectors
Why Pioneer Investments?
A strong fixed income investment culture focused on sound, fundamental research drives the management of the Pioneer US Securitized Credit Opportunities Strategy. Key features of the Strategy include:
- Attractive yields and diversification1 versus US high yield
- Managed with minimal interest rate risk
- Focused on security selection and sector rotation as more reliable sources of alpha than taking tactical views on interest rates
- An agile investment manager who can respond quickly to changes in market conditions with tight integration between the research, trading, and portfolio management functions.
Management Team
Noah Funderburk, CFA
Senior Vice President, Director of Securitized and Short Duration Income, Portfolio Manager
Nicolas N.M. Pauwels, CFA
Senior Vice President, Deputy Director of Securitized and Short Duration Income, Portfolio Manager
20250401-4362763
