DDJ Total Return Credit Strategy
The DDJ Total Return Credit Strategy attempts to produce a high level of total return by targeting investments in all securities within the capital structure of leveraged middle market companies. To achieve this objective, DDJ employs a deep value approach and retains a high degree of flexibility to make tactical allocations to the most compelling opportunities in the market, including all types of investments pursued by the Opportunistic High Yield Strategy with a greater emphasis on direct private loans. In addition, depending on specific client guidelines as well as market conditions, DDJ may make limited allocations to distressed debt as well as reorganized and leveraged equities. The strategy may target liquid or illiquid investment opportunities. Portfolios are typically concentrated in 20-35 issuers across a wide range of industries primarily located in the United States and Canada with a significant allocation to high conviction investments.